Emerald Company issued additional shares Which of the following is true with regard to the effect of the share issuance transaction on Emerald's ratio calculations Earnings per share decreased Return on equity remained unchanged The debt to equity ratio increased The asset turnover ratio decreased

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Emerald Company issued additional shares. Which of the following is true with regard to the effect of the share issuance transaction on Emerald's ratio calculations?

		Earnings per share decreased
		Return on equity remained unchanged
		The debt-to-equity ratio increased
		The asset turnover ratio decreased

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