Under Change the choices are Decrease, Increase, or No Change! I will award points to the first person that gets it right! Thanks

(a) Indicate, by using ratios, the change in liquidity and profitability of Ernie Bishop Company from 2012 to 2013. (b) Given below are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2031, and (2) as of December 31, 2014, after given effect to the situation. Net income for 2014 was $60,500. Total assets on December 31, 2014, were $847,000. (a) Indicate, by using ratios, the change in liquidity and profitability of Ernie Bishop Company from 2012 to 2013. (b) Given below are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2031, and (2) as of December 31, 2014, after given effect to the situation. Net income for 2014 was $60,500. Total assets on December 31, 2014, were $847,000