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


Indicate whether each of the actions listed below will immediately increase (). decrease (D), or have no effect (N) on the ratios shown. Assume each ratio is greater than 10 before the action is taken. Current ratio Acid-test ratio Total debt to equity ratio Purchase of inventory on account Indicate whether each of the actions listed below will immediately increase (1) decrease (D), or have no effect (N) on the ratios shov Assume each ratio is greater than 10 before the action is taken Current ratio Acid-test ratio Total debt to equity ratio Record annual depreciation on office equipment Indicate whether each of the actions listed below will immediately increase (1). decrease (D), or have no effect (N) on the ratioss Assume each ratio is greater than 10 before the action is taken. Current ratio Acid-test ratio Total debt to equity ratio Purchase advertising on 30-day credit
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