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Acme Inc. issues additional shares and uses the cash to retire short-term debt. This will result in an increase in the companys current ratio. a

Acme Inc. issues additional shares and uses the cash to retire short-term debt. This will result in

an increase in the companys current ratio.

a decrease in the companys times interest earned ratio.

an increase in the companys basic earning power ratio.

an increase in the companys equity multiplier.

an increase in the companys debt ratio.

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