You run a game-day shuttle service for parking services for the local ball club. Suppose you are compensated $10 per customer, per ride. In other words, your marginal revenue is $10. Your costs for different customer loads are summarized in the following table.

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.