Earnings are not distributed as dividends $($i$.$e$.,$ are retained$)$ does not affect equity

An increase in depreciation expense decrease earnings and does not affect cash flow

And increasing the long$-$term debt such as selling bonds decrease the quick ratio

A decrease debt does not affect on the days sales outstanding

Selling inventory for a loss decrease the quick ratio

Buying inventory with credit $($accounts payable$)$ does not affect total assets turnover

The sale of a fixed asset for more than its book value increase taxes owed

Collecting an account receivable increase return on assets

And increase in taxes decrease the coverage ratio times interest earned

An increase in interest expense decrease the firms operating profit margin

Operating at a loss increase the debt ratio

The return on equity decrease if inventory is for a loss

Increased use of trade credit $($accounts payable$)$ to acquire your inventory does not

affect days sales outstanding

Increased depreciation expense decrease return on equity

If a firm repurchase shares, total asset turnover increase

If I firm sells plant for less than its book value, total asset turnover increase and return

on equity decrease

They use of the modified accelerated cost recovery system of depreciation instead of

straight line depreciation initially increase the return on equity

If a firms current ratio increases the firm's liquidity position increase

Collecting an accounts receivable does not affect the debt ratio