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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
12.      If a company sells additional common stock and uses the proceeds to increase its inventory level and to increase its cash balances, what is the near-term (immediate) impact ( increase, decrease, no change) of this transaction on the following ratios?
a.   Current ratio
b.  Return on stockholders’ equity
c.   Quick ratio
d.  Debt to total assets
e.   Total asset turnover
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