Which One of the Following Correctly Reflects the Effects on the Financial

question 58

Multiple Choice

Which one of the following correctly reflects the effects on the financial statements caused by the increase in the market price of long-term available-for-sale securities?

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

---

Definitions:

Survival Rates

The proportion of individuals surviving within a certain period of time after diagnosis or treatment of a particular condition or disease.

Family Businesses

Enterprises managed and/or owned by members of the same family, often characterized by unique traditions and values.

Second Generation

Often refers to the offspring of immigrants in a new country, though it can also denote the subsequent version or iteration of a product or technology.

High Failure Rate

A situation where there is a significant number of attempts or operations that do not achieve the intended outcome or success.