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Will upvote!! Please answer quickly :)) Which of the following statements is not true? A cash sale of used machinery and equipment at its net
Will upvote!! Please answer quickly :))
Which of the following statements is not true? A cash sale of used machinery and equipment at its net book value (no gain or loss) will neither increase nor decrease the equity multiplier ratio. Taking out a bank loan and using the funds to purchase new machinery and equipment will increase the book value per share. Taking out a bank loan and using the funds to buy back some outstanding shares of common stock will increase the return on equity ratio. Issuing new shares of common stock in exchance for cash will decrease the debt-to-equity ratio. Using cash to pay off a bank loan will increase total asset turnover
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