Complete the following table by indicating whether the transactions or economic events would increase, decrease, or have no effect on the financial ratios listed. Consider each item independently. State any assumptions you make. Explain yourreasoning.

Interest Accounts Price-to- coverage receivable earnings Return Dividend ratio turover ratio o equity yield Ratio before the transactions/ economic events 4.12 4.75 22.7 12% 3.1% a. Unexpected announcement by a public company of a new long-term contract with a new customer. Contract goes into effect next year. b. Writedown of impaired property, plant, and equipment c. 2 for 1 stock split d. Payment of an amount owing to a supplier e. Credit sale of merchandise to a customer