A manager at a local check cashing store business defends his business practice as simply "charging what the market will bear." "After all," says the manager, "we don't force people to come in the door."How would you respond to this ethical defense of the payday-advance business?

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.