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...
Horizontal division of markets can be a per se violation of the Sherman Act if it is based on:
A) Geography. B) Customers. C) Products. D) Geography and customers. E) A, B, and C.
Which of the following best completes the sentence, ‘Most commonly, tactics rely upon ______ as the social object with which the audience can engage.’?
a. Purchase intent. b. Experience. c. Content. d. Channel plan. e. None of these.
A bonus may be paid in all of the following situations except:
A. By remaining partners to a withdrawing partner if the recorded equity is understated. B. By an existing partner to him or herself when in need of personal cash flow. C. By a new partner when the current value of a partnership is greater than the recorded amounts of equity. D. To a new partner with exceptional talents. E. By a withdrawing partner to remaining partners if the recorded value of the equity is overstated.
What is the outsourcing option that includes the most remote location and indirect customer control?
A. offshore outsourcing B. onshore outsourcing C. nearshore outsourcing D. none of these