Question: Indicate the immediate effects (Increase, Decrease, No Effect) of each of the following independent transactions on (1) the return on equity (ROE), (2) current ratio,

Indicate the immediate effects (Increase, Decrease, No Effect) of each of the following independent transactions on (1) the return on equity (ROE), (2) current ratio, and (3) the debtequity ratio (total liabilities/equity funds). Assume the existing current ratio as 2:1 before adjusting for the following adjustments. Indicate the immediate effects (Increase, Decrease, No Effect) of each of the following independent transactions on (1) the return on equity (ROE), (2) current ratio, and (3) the debtequity ratio (total liabilities/equity funds). Assume the existing current ratio as 2:1 before adjusting for the following adjustments

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