Meagan Enterprises reported the following information for the past year of operations:

For each transaction, indicate whether the ratio will (I) increase, (D) decrease, or (N) have no effect.

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Transaction a. Recorded credit sales of $17,000 b. Collected $6,000 owed from customers C. Purchased $50,000 of equipment on long- term credit d. Purchased $70,000 of equipment for cash e. Paid $17,000 of wages with cash f. Recorded utility bill of $14,750 that has not been paid Free Cash Flow $400,000 Operating-Cash- Flow-to-Current- Liabilities Ratio 1.1 times Operating-Cash- Flow-to-Capital- Expenditures Ratio 5.0 times