Which of the Following Correctly Reflects the Effects on the Financial

question 8

Multiple Choice

Which of the following correctly reflects the effects on the financial statements caused by the increase in market price of a current investment in equity securities?

• A)Current ratio and earnings per share decrease.
• B)Current ratio and earnings per share increase.
• C)Current ratio is unchanged but earnings per share decrease.
• D)Current ratio decreases and earnings per share are unchanged.

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Definitions:

Left Atrium

The upper left chamber of the heart that receives oxygenated blood from the lungs and pumps it into the left ventricle.

Diastole

The phase of the cardiac cycle during which the heart relaxes and fills with blood after contraction.

Electrocardiogram

A test that measures the electrical activity of the heart to show whether or not it is working normally.

P Wave

First complex of the electrocardiogram representing depolarization of the atria.