Indicate the effects (increase, decrease, no effect) of each of the independent transactions below on (1) rate of return on common stock equity, (2) current ratio, and (3) debt-equity ratio. State any necessary assumptions.

a Merchandise inventory costing \(\$ 120,000\) is sold on account for \(\$ 150,000\).

b Collections from customers on accounts receivable total \(\$ 100,000\).

c A provision is made for estimated uncollectible accounts, \(\$ 15,000\).

d Specific customers' accounts totaling \(\$ 10,000\) are written off as uncollectible.

e Merchandise inventory costing \(\$ 205,000\) is purchased on account.

f A machine costing \(\$ 40.000\) and on which \(\$ 30.000\) depreciation had been taken is sold for \(\$ 8,000\).

g Dividends of \(\$ 80,000\) are declared. The dividends will be paid during the next accounting period.