Business Transaction $2$

A $$500,00010-$year bank loan is initiated, and the funds are placed in Phoenix Golf Club Co$.($PGC$)$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

Ratio$$s Behavior

Fixed asset turnover$$Debt ratio$$Gross profit margin$$Operating profit margin$$Return on assets$$Current ratio$$