AICPA CPA-Business Exam - Topic 2 Question 51 Discussion

Actual exam question for AICPA's CPA-Business exam

Question #: 51
Topic #: 2

[All CPA-Business Questions]

If a firm increases its cash balance by issuing additional shares of common stock, working capital:

ARemains unchanged and the current ratio remains unchanged.

BIncreases and the current ratio remains unchanged.

CIncreases and the current ratio decreases.

DIncreases and the current ratio increases.

Show Suggested Answer

Suggested Answer: D

Choice 'd' is correct. If a firm increases its cash balance by issuing additional shares of common stock, working capital increases and the current ratio increases.

by Stephaine at May 09, 2022, 01:33 PM

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5 months ago

Okay, let me see... Android apps don't have access to protected resources by default, so I think the answer is True. I'll double-check that, but I'm feeling good about this one.

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Okay, I think I know the answer here. The database link is failing to use the stored credentials, so the change needs to be made on the client side of the server where the database link is defined, which is server A.

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Jerry

5 months ago

Wait, is the exposure factor a percentage or a decimal? I'm getting a different result depending on how I interpret that.

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AICPA CPA-Business Exam - Topic 2 Question 51 Discussion

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