Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 3 - The Accounting Information System - Questions: 10

Answer

(a) Good News; (b) Good News; (c) Bad News; (d) Bad News.

Work Step by Step

Increase in earnings per share (a); increase in the current ratio (b); increase in the debt to total assets ratio (c); decrease in free cash flow (d).
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