In a competitive market, a furniture company decides to use cheaper materials to decrease production costs and pass on the savings. This is an example of following a federal regulation. lowering prices for customers. reducing the risk for consumers. creating a new or better product.

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.