Treetop Company paid off a $100,000 two-year note payable. The effect of this transaction is that the
a. earnings per share increased
b. current ratio decreased
c. debt-to-equity ratio increased
d. debt-to-equity ratio decreased
b
You might also like to view...
A customer service professional needs to be aware that everyone is different.
Answer the following statement true (T) or false (F)
In pursuing their freedom under the First Amendment, media have increasingly done all the following EXCEPT ________
A) played the role of skeptic B) regularly challenged authority with pointed, nasty, even hostile questions C) avoided constitutional conflicts D) independently sought the truth
Net income divided by net sales is the:
A. Profit margin. B. Total asset turnover. C. Current ratio. D. Return on total assets. E. Days' sales in inventory.
Indicate the correct form of the adjective or adverb in parentheses. Use more or most, when appropriate, instead of less or least. She speaks Chinese (fluent) than the other members of the team