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1.Which of the following events increases the debt/equity ratio?a. purchase of treasury stockb. sale of treasury stock for more than its costc. sale of treasury stock for less than its costd. payment of cash dividends which were previously declared2. On the income statement, interest revenue is found ina. operating revenues and expensesb. other revenues and expensesc. the disposal of a business segment sectiond. the extraordinary gains or losses sectione. the cumulative effect section3. The sale of equipment is an event considered to bea. usual and frequentb. unusual or infrequentI vote for c: unusual and infrequentd. an operating activity
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