Question
If a firm issues $10 million in common stock and invests the proceeds in marketable securities, all of the following balance sheet categories will increase,
If a firm issues $10 million in common stock and invests the proceeds in marketable securities, all of the following balance sheet categories will increase, except:
a. total assets
b. total liabilities
c. stockholders equity
d. current assets
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
11th Edition
0321357965, 978-0321357960
