Indicate the effect that each transaction and event

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Reference no: EM131287117

Indicate the effect that each transaction/event llisted here will have on the financial ratio included with it. Assume that the current assets exceed the current liabilities in all cases, both before and after the transaction/event. Use either ?A.) Decrease or B.) Increase

Selling inventory for cash, at a profit, would cause a(n) _________ in Inventory Turnover

Selling land at a gain would cause a(n) _______________ to Return on Investment

Accruing wages that have been earned by employees would cause a(n) _____________ in the Current Ratio.

Purchasing equipment for cash would cause a(n) _____________ to the Plant and Equipment Turnover.

Purchasing treasury stock for cash would cause a(n) _____________ in the Debt/Equity Ratio.

Reference no: EM131287117

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