Bolten Ltd completed the following transactions during a given year:

Required

(a) State whether each transaction would cause the ratio listed with the transaction to increase, decrease or remain unchanged.

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Transaction 1. Sold obsolete inventory at cost 2 Redeemed debentures by issuing ordinary shares 3. Issued a share dividend on ordinary shares 4. Declared a cash dividend on ordinary shares 5. Purchased inventory on credit 6. Sold inventory for cash Ratio Profit margin Return on ordinary equity Earnings per share Dividend payout Quick ratio Current ratio 7. Wrote off a bad debt against Allowance for Doubtful Current ratio Debts 8. Collected an account receivable 9. Sold inventory on credit 10. Issued additional ordinary shares for cash 11. Paid trade accounts payable Receivables turnover Inventory turnover Debt ratio Return on assets