QUESTION 24 A company begins with the following simple balance sheet $10 million in real assets, $1 million cash $55 million each in owners' equity and debt. Whicho the following actions will decrease a company's leverage ratio? Choose two Use half of the cash from the balance sheet to purchase equipment Borrow an additional $1 million and purchase equipment Raise an additional $1 million in equity to purchase equipment Raise an additional $1 milion in equity to pay off det QUESTION 25 As a lendet depositor how would you compare time to domand deposits? Demand deposits are more liquid, but time deposits pay a higher interest rate Demand deposits are more liquid but time deposits pay a lower interest rato Demand deposits are less liquid, but time deposits pay a higher interest rate Demand deposits are less liquid, but time deposits pay a lower interest rate QUESTION 26 Which of the followinn be armad secondary transaction