Question
Fill in the blanks based on the relationships of each. Put a + if the relationship is positive; put a - if the relationship is
Fill in the blanks based on the relationships of each.
Put a + if the relationship is positive; put a - if the relationship is negative. If there is no relationship, leave blank or write NC.
When a firm issues subordinated bonds, retained earnings ________ and the current ratio ________.
If inventory is sold for a loss, times-interest earned __________.
Operating at a loss ________ long-term debt and __________ retained earnings.
If an account payable is paid-off with cash, net working capital _________. If cash dividends are paid, retained earnings _________ and total assets ________.
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