Question: A $ 5 0 0 , 0 0 0 1 0 - year bank loan is initiated, and the funds are placed in Wellington Industries

A $500,00010-year bank loan is initiated, and the funds are placed in Wellington Industries (Wellington)s checking account.
Financial Account
Check if the Account Is Affected by the Specified Transaction
Long-term debt
Marketable securities
Common stock
Cash
Gross plant and equipment
Financial Ratio
Ratios Behavior
Fixed asset turnoverNo change Debt ratioIncreases Gross profit marginNo change Operating profit marginNo change Return on assetsNo change Current ratioIncreases

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