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Emma

Compute the three ratios after evaluating the effects of each transaction

 (Current Ratio, Debt Ratio, & Earnings Per Share ratio) 

a. Purchased merchandise inventory of $46,000 on account 

b.Borrowed $121,000 on a​ long-term note payable. 

c. Issued 2,000 shares of common​ stock, receiving cash of $102,000. 

d. Received cash on​ account, $2,000.

Posted in Economics, asked by Emma, 2 years ago. 665 hits.
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