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800 Financial data ($ thousands) for Wisconsin Wilderness, Inc, are reproduced below: Short-term liabilities $ 500 Long-term liabilities Equity capital 1 200 Cash from operations

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800 Financial data ($ thousands) for Wisconsin Wilderness, Inc, are reproduced below: Short-term liabilities $ 500 Long-term liabilities Equity capital 1 200 Cash from operations 300 Pretax income 200 Interest expense 40 Indicate the effect that each of the Wisconsin Wilderness transactions and events (1 through 10) below has on each of the four ratios below. Each transaction or event is independent of others- consider only the immediate effect) Use I for increase, D for decrease, and NE for no effect. a. Total debt to equity b. Long-term debt to equity c. Earnings to fixed charges (exceeds 10 before transactions and events). d. Cash flow to fixed charges (exceeds 1.0 before transactions and events) b 1. Increase in tax rate 2. Retire bonds paid in cash 3. Issue bonds to finance expansion 4. Issue preferred stock to finance expansion 5. Depreciation expense increases 6. Collect accounts receivable. 7 Refinance debt resulting in higher interest cost 8. Capitalize higher proportion of interest expense. 9. Convert convertible debt into common stock 10. Acquire inventory on credit EN

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