Suppose that a $4 per unit tax is imposed on the sellers of DVDs. The effect of the tax will be to a. shift the supply curve up by exactly $4 and the price paid by buyers will remain unchanged. b. shift the supply curve up by exactly $4 and the price received by sellers will rise by exactly $4. c. shift the supply curve up by exactly $4 and the price paid by buyers will rise by less than $4. d. shift the demand curve down by exactly $4 and the price paid by buyers will fall by exactly $4.

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.