Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) Repayment of a bond on the first day of the fiscal year will increase the shareholders' return on equity.
B) Conversion of a 10% bond with no short term maturity, into common shares on the first day of the year will improve the current ratio.
C) The sale of 2,000 common shares for cash will worsen the shareholders' return on equity.
D) The sale of $5,000 of inventory on credit for $6,000 will worsen the shareholders' return on equity.