Response to the following problem:
Accounting:
Effects of Transactions on Ratios
a. Sold merchandise on account - Current ratio effect would be Increase, Decrease, or None
b. Sold merchandise on account - Inventory turnover would be Increase, Decrease, or None
c. Collected on accounts receivable - Quick ratio would be Increase, Decrease, or None
d. Wrote off an uncollectible acct = Receivable turnover would be Increase, Decrease, or None
e. Paid on accounts payable - current ratio would be increase, decrease, or none
f. Declared cash dividend - return on equity would be increase, decrease or none
g. Incurred advertising expense - profit margin would be increase, decrease or none
h. issued stock dividend = debt to equity ration would be increase, decrease or none
i. Issued bonds payable/ asset turnover would be increase, decrease or none
j. accrued interest expense/current ratio would be increase, decrease or none
k. paid previously declared cash dividend would be increase, decrease or none
l. purchased treasury stock/ return on assets would be increase, decrease or none
m. recorded depreciation expense/ cash flow yield would be increase, decrease or none.