Earnings per common share will immediately increase as a result of which of the following? Multiple Choice The sale of additional common shares by the company. An increase in the dividends paid to common shareholders by the company. An increase in the company's net income. The issuance of bonds by the company to finance construction of new buildings. A company's current ratio and acid-test ratios are both greater than 1.0 to 1. If obsolete inventory is written off, what would be the effect? Multiple Choice A decrease in the acid-test ratio. An increase in the acid-test ratio. An increase in net working capital. A decrease in the current ratio