Koz Corporation engaged in the transactions that follow. Opposite each transaction is a ratio and space to indicate the effect of each transaction on the ratio.

Required
Show that you understand the effect of business activities on performance measures by placing an X in the appropriate column to show whether the transaction increased, decreased, or had no effect on the indicatedratio.

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Effect Ratio Current ratio Inventory turnover Quick ratio Transaction a. Sold merchandise on account. b. Sold merchandise on account. c Collected on accounts receivable. d. Wrote off an uncollectible account Rceivables tumover e. Paid on accounts payable. f. Declared cash dividend. g. Incurred advertising expense. h. ssued stock dividend. i. Issued bonds payable. j. Accrued interest expense. k. Paid previously declared cash dividend. Dividend yield I. Purchased treasury stock. m. Recorded depreciation expense. Increase Decrease None tunover_ Current ratio Return on equity Profit margin Debt to equity ratio Asset turnover Current ratio Return on assets Cash flow yield