Assignment

Help

Save $8$ Exit

Submit

Indicate the effect that each transaction$/$event listed here will have on the financial ratio listed opposite it$.$ Use for increase, $-$ for decrease, and $($NE$)$ for no effect. Assume that current assets exceed current liabilities in all cases, both before and after the transaction$/$event$.$

$\backslash$table$[[$Transaction$/$Event$,$Financial Ratio,Effect$],[$a$.$ Split the common stock $2$ for $1.,$Book value per share of common stock,$-],[$b$.$ Collected accounts recelvable.,Number of days' sales in accounts receivable,$],[$c$.$ Issued common stock for cash.,Total asset turnover,$],[$d$.$ Sold treasury stock.,Return on equity,$],[$e$.$ Aconued interest on a note recelvable.,Current ratio,$],[$t$.$ Sold inventory on account.,Acid$-$lest ratio,$],[$g$.$ Wrote off an uncollectible account.,Accounts recelvable turnover,$],[$h$.$ Declared a cash dividend.,Dividend yield,$],[1.$ Incurred operating expenses.,Margin,$],[1.$ Sold equipment at a loss.,Earnings per share,$]]$