Koz Corporation engaged in the transactions listed in the first column of the following table. Opposite each transaction is a ratio and space to indicate the effect of each transaction on the ratio.

Required
Manager Insight: Show that you understand the effect of business activities on performance measures by placing an X in the appropriate column to show whether the transaction increased, decreased, or had no effect on the indicated ratio.

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Effect Transaction Ratio Increase Decrease None a. Sold merchandise on account. b. Sold merchandise on account. C. Collected on accounts receivable d. Wrote off an uncollectible account. e. Paid on accounts payable f. Declared cash dividend g. Incurred advertising expense h. Issued stock dividend. i. Issued bonds payable . Accrued interest expense k. Paid previously declared cash dividend. I. Purchased treasury stock. m. Recorded depreciation expense Current ratio Inventory turnover Quick ratio ceivable turnover Current ratio Return on equity Profit margin Debt to equity ratio Asset turnover Current ratio Dividends yield Return on assets Cash flow yield