2. Individual transactions often have a significant impact on ratios. This problem will consider the direction of such an impact [3 marks] Use I for increase, D for decrease, and N for no change. No. Transaction Interest Coverage Debt Debt/ Ratio Ratio Equity Ratio Purchase of buildings financed by D I mortgage a. Declaration and distribution of stock dividend b. Conversion of bonds to common stock outstanding. C. Declaration and payment of cash dividend. d. e. Repayment of long-term bank loan. Sale of common stock. For the toolbar, press ALT+F10 (PC) or ALT+EN+F10 (Mac)