Question: Transaction Ratio Effect Decrease None Increase a. Sold merchandise on account. Quick ratio b. Collected on accounts receivable. Gross margin c. Incurred advertising expense. Return

 Transaction Ratio Effect Decrease None Increase a. Sold merchandise on account.

Transaction Ratio Effect Decrease None Increase a. Sold merchandise on account. Quick ratio b. Collected on accounts receivable. Gross margin c. Incurred advertising expense. Return on equity d Issued common stocks Equity multiplier Declared cash dividend. Profit margin

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