Question
company spent $5 million to expand the capacity of one of its manufacturing plants. To fund the expansion the firm issued shares of stock from
company spent $5 million to expand the capacity of one of its manufacturing plants. To fund the expansion the firm issued shares of stock from which they received the full $5 million. Which of the following ratios is least likely to be affected by this action?
| Debt to assets ratio |
| Net fixed assets to total assets |
| Debt to equity ratio |
| Current ratio |
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Microeconomics
Authors: Glenn Hubbard, Anthony O'Brien
7th Edition
0134737504, 978-0134737508
