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 transactionlevent. Effect Transaction/Event a. Split the common stock 2 for 1 b. Collected accounts receivable. Issued common stock for cash d. Sold treasury stock e. Accrued interest on a note receivable Sold inventory on account g. Wrote off an uncollectible account. h. Declared a cash dividend Incurred operating expenses 1 Sold equipment at a loss Financial Ratio Book value per share of common stock Number of days' sales in accounts receivable Total asset turnover Return on equity Current ratio Acid-test ratio Accounts receivable turnover Dividend yield Margin Earnings per share KO 1 of 3 !!! Next > O search O