Casey Communications Recently Issued New Common Stock and Used the Proceeds

question 128

Multiple Choice

Casey Communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable.This action had no effect on the company's total assets or operating income.Which of the following effects would occur as a result of this action?

• A)The company's current ratio increased.
• B)The company's times interest earned ratio decreased.
• C)The company's basic earning power ratio increased.
• D)The company's equity multiplier increased.
• E)The company's total debt to total capital ratio increased.

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Definitions:

Appetite Hormones

Biological compounds that regulate hunger and satiety, influencing eating behavior.

Orexin

Orexin, also known as hypocretin, is a neuropeptide that regulates arousal, wakefulness, and appetite, playing a significant role in sleep-wake cycles.

Blood Glucose

The concentration of glucose present in the blood, crucial for energy supply to cells and seen as a key marker in the diagnosis and management of diabetes.

Ghrelin

A hormone produced by the stomach that stimulates hunger and food intake, playing a significant role in body weight and metabolism.