When a cabinet member makes a recommendation to the president, the president is required by the constitution to implement the recommendation is required by law to implement the recommendation has no obligation to follow their guidance can be impeached if he does not follow their guidance?

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.