Complete the following table by indicating whether the listed transactions or economic events would increase, decrease, or have no effect on the financial ratios listed. Explain your reasoning and state any assumptions that youmake.

Return on Basic earnings CurreDividend r share ratio yield 1.23 assets 6.9% $1.72 3.1% Stock dividend Payment of a cash dividend the was declared in a previous period Issue of common shares for land Purchase by the company of its own shares for cash Declaration and payment of a cash dividend; the dividend was higher than last year and share price is unchanged