Asset turnover is measured by Sales revenue / Average total assets. State the effect the following event occurring on the reporting date would have on this ratio. EVENT: Receiving an amount owed by a credit customer [Select] No change Increase Decrease Question 11 1 pts The current ratio is measured by Current assets/Current liabilities. Assume this ratio is greater than 100% (or 1:1) and that the cash balance remains positive at all times. State the effect the following event occurring on the reporting date would have on this ratio. EVENT: Repaying the principal of an interest-only loan 2 years before it is due [Select]