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during 2015, Monster Inc incurs a long-term bank loan of $150,000 to purchase equipment. Which of the following ratio would increase as a result? select
during 2015, Monster Inc incurs a long-term bank loan of $150,000 to purchase equipment. Which of the following ratio would increase as a result? select one or more
a) quick ratio (originally 0.75:1)
b) all options are incorrect
c) return on equity (originally 15%)
d) current ratio (originally 1.5:1)
e) return on asset (originally 8%)
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