2. Impact (increase =1, decrease =D, no change =NC of financial events on key financial statement related items. Assume normal ranges (for example a profitable company for which the asset total exceeds the debt total and the current ratio is greater than 1) for starting values. Assume that the firm is a corporation and that the beginning current ratio is greater than 1/1. 1 point each 5 points total Event Financial Statement Item / Financial Ratio 1. The firm sells inventory costing $2,000 for $3,000 Total Assets 2. The firm borrows $10,000 on a six month note payable Debt / Asset ratio 3. The firm sells shares of its common stock 4. The firm collects a $5,000 accounts receivable 5. The firm pays $3,000 in common stock dividends