For each of the events or transactions below, indicate the effect on each ratio listed. Use I to indicate increase, D to indicate decrease, and NE to indicate noeffect.

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Debt to Debt to Financial Current Equity Assets Leverage Ratio a. Sold common stock to investors b. Borrowed cash from a bank on long-term note c. Paid cash dividends on stock d. Sold inventory for cash (at a small profit) e. Paid off loan in part b f. Bought stock of another company g. Purchased treasury stochk