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If a company sells additional common stock and uses the proceeds to increase its inventory level and to increase its cash balances, what is the
If a company sells additional common stock and uses the proceeds to increase its inventory level and to increase its cash balances, what is the near-term (immediate) impact (increase, decrease, no change) of this transaction on the following ratios?
a. Current ratio
b. Return on stockholders equity
c. Quick ratio d. Debt to total assets
e. Total asset turnover
The professor wants us to show the work. Thank you
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