Which of the following would not result in an increase in both the current ratio and the acid-test ratio?

A) Increase in cash

B) Increase in inventory

C) Increase in accounts receivable

D) Increase in current investments

Answer: B

Which of the following is not a primary source of corporate debt financing?

A) Bonds Payable.

B) Common Stock.

C) Leases.

D) Notes Payable.

Answer: B

Which of the following is the primary source of corporate equity financing?

A) Bonds Payable.

B) Common Stock.

C) Leases.

D) Notes Payable.

Answer: B