Question: Indicate whether each of the actions listed below will immediately increase (1), decrease (D), or have no effect (N) on the ratios shown. Assume each

Indicate whether each of the actions listed below will immediately increase (1), decrease (D), or have no effect (N) on the ratios shown. Assume each ratio is greater than 1.0 before the action is taken. Current ratio Acid-test ratio Total debt to equity ratio Refinancing currently maturing debt for five more years D D N

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