Despite the fact that he is now retired, costco employees still talk about how jim sinegal lives his principles of corporate responsibility. not only did he spearhead costco’s purchase of rwandan coffee, he is now sponsoring a school where rwandan women can learn how to run their own businesses.

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease