Exercise $13-15$B Comprehensive analysis

The following is a list of transactions.

a$.$ Paid cash for short$-$term marketable securities$.$

b$.$ Purchased a computer, issuing a short$-$term note for the purchase price.

c$.$ Purchased factory equipment, issuing a long$-$term note for the purchase price.

d$.$ Sold merchandise on account at a profit.

e$.$ Paid cash on accounts payable.

f$.$ Received cash from issuing common stock.

g$.$ Sold a factory for cash at a profit.

h$.$ Purchased raw materials on account.

i$.$ Paid cash for property taxes on administrative buildings.

Required

Indicate the effect of each of the preceding transactions on $($a$)$ the quick ratio, $($b$)$ working capital, $($c$)$

stockholders' equity, $($d$)$ the debt$-$to$-$equity ratio, and $($e$)$ retained earnings. Assume that the current

ratio is greater than $1$:$1.$