Put a + if the relationship is positive; put a - if the relationship is negative. If there is no relationship, write NC.

Paying accounts payable faster _______________ the firms need for funds.

Retiring commercial paper ___________ net working capital ___________ the debt ratio, and ___________ fixed asset turnover.

When a firm issues subordinated bonds, retained earnings ________ and the debt ratio ________.

The sale of a fixed asset for cash _________ accounts payable. __________ days sales outstanding, and _______________ the current ratio.

If inventory is sold for a loss, times-interest earned __________.

Operating at a profit ________ long-term debt and __________ retained earnings.