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Assuming all other items remain unchanged on the financial statements for each of the scenarios, what is the impact (increase, decrease or no effect) of

Assuming all other items remain unchanged on the financial statements for each of the scenarios, what is the impact (increase, decrease or no effect) of the events on the ratio listed? You must provide a brief reasoning to your answer. (1 point each unless stated otherwise) 1. A company has increased its sales prices on the products it sells, and the cost of those products is unchanged. What is the impact on Asset Turnover? 2. A company's operating expenses have decreased. What is the impact on Gross Profit Margin? 3. A company has had significantly more inventory thefts this year. What is the impact on Inventory Turnover ratio? (2 points) 4. A company's net income increased by 10%; its investors reacted favorably by increasing the share price by 20%. What is the impact on Payout ratio? (2 points) 5. A company replaced its CEO and when this was announced, the share price increased by 10%. What is the impact on Dividend Yield ratio

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