2A2Q DOUGLAS COMPANY PURCHASED 10,000 SHARES OF ITS COMMON STOCK AT T...
64.
CSO: 2A2d
LOS: 2A2q
Douglas Company purchased 10,000 shares of its common stock at the beginning of the
year for cash. This transaction will affect all of the following except the
a.
debt-to-equity ratio.
b.
earnings per share.
c.
net profit margin.
d.
current ratio.