A company purchased inventory on credit. The effect of this transaction is that the
A. earnings per share decreased.
B. earnings per share increased.
C. working capital increased.
D. debt-to-equity ratio increased.
Answer: D
You might also like to view...
Purchased identifiable intangible assets are accounted for in a similar manner to that of tangible assets.. ?
Indicate whether the statement is true or false
Which of the following task is not performed by generalized audit software?
a. Footing a file. b. Obtaining file statistics. c. Checking for gaps in processing sequences. d. Preparing custom reports. e. All of the above tasks can be performed using GAS.
Chantell is the manager of the claims department for a large insurance company. She has a one-hour meeting with her staff to explain the new claim form which the company will use next month. This is an example of which type of organizational communication?
a. upward b. downward c. horizontal d. grapevine
Which of these is a common MNE structure?
a) Product division structure b) Functional division structure c) Geographic division structure d) All of the above