Assume Monsanto Company, a leading global chemical manufacturer, enters into the following transactions during 2016. Purchased inventory on account. 1 2 Purchased plant machinery by issuing long-term debt. Made a principal payment on long-term debt. 3 Paid salaries and wages. 4. 5. Sold inventory on account for 20 percent over cost. Issued stock for cash. 6. The fiscal 2015 balance sheet of Monsanto is as follows (dollars in millions). Liabilities and Shareholders' Equity Assets Cash and marketable securities $3,748 Current liabilities $5,177 Other current assets 9,738 6,877 Long-term liabilities Shareholders' equity Long-lived assets 11,295 7,005 $21,920 Total liabilities and shareholders' equity $21,920 Total assets Fill in a chart like the following one by indicating whether each transaction would increase (+), decrease (-), or have no effect (NI transaction independently. Debt/Equity Ratio Quick Ratio Transaction Current Ratio (1) NE NE (2) NE NE (3) NE # NE (4) NE NE (5) NE (6) NE PT