Debt To Equity Data: 2018: 0.27x 2019: 0.23x 2020: 0.21x 2021: 0.18x 2022: 0.17x Question: which of the following transactions and events would result in a deterioration in Debt to Equity in year 2021? 1) a share buy-back 2) receiving cash for unearned sales revenue 3) the purchase of machinery financed entirely by a reducing-balance bank loan 4) A and B only 5) A and C only 6) B and C only 7) All of the above 8) None of the abov
Debt To Equity Data: 2018: 0.27x 2019: 0.23x 2020: 0.21x 2021: 0.18x 2022: 0.17x Question: which of the following transactions and events would result in a deterioration in Debt to Equity in year 2021? 1) a share buy-back 2) receiving cash for unearned sales revenue 3) the purchase of machinery financed entirely by a reducing-balance bank loan 4) A and B only 5) A and C only 6) B and C only 7) All of the above 8) None of the abov
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Debt To Equity Data:
2018: 0.27x
2019: 0.23x
2020: 0.21x
2021: 0.18x
2022: 0.17x
Question: which of the following transactions and events would result in a deterioration in Debt to Equity in year 2021?
1) a share buy-back
2) receiving cash for unearned sales revenue
3) the purchase of machinery financed entirely by a reducing-balance bank loan
4) A and B only
5) A and C only
6) B and C only
7) All of the above
8) None of the above
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