Multiple Choice
The debt/equity ratio will increase if a company
A) pays off its long-term debt.
B) decides to pay cash for more of its capital purchases.
C) purchases long-term investments for cash.
D) declares more current cash dividends.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q32: Use the table below to answer
Q33: How do debt covenants impact a company's
Q34: On January 1, a 5-year, $5,000 non-interest-bearing
Q35: Describe the relationship between the stated rate
Q36: Match each transaction to its accounting effect
Q38: On January 1, 2016, Mango Corporation issued
Q39: If a company issues a non-interest-bearing note
Q40: On January 1, 2017, Foster Corporation
Q41: On January 1, 2016, Sheena Corporation issued
Q42: Gibson Corporation amortizes its bonds using the