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:

Coping With Stress

Various strategies and methods used by individuals to handle, reduce, or manage their stress and its effects on their lives.

Optimism And Pessimism

Psychological tendencies to generally expect positive or negative outcomes, respectively, which can impact behavior and mental health.

Problem-Focused Coping

A coping strategy aimed at addressing or changing the root cause of a stressor rather than simply alleviating its symptoms.

Major Source Of Conflict

The primary underlying reason or cause that leads to disagreements or disputes between entities or individuals.