Question
Assuming all other items remain unchanged on the financial statements, indicate which events shown below (the events are mutually exclusive) will increase, decrease, or have
Assuming all other items remain unchanged on the financial statements, indicate which events shown below (the events are mutually exclusive) will increase, decrease, or have no effect on the ratios listed at the top of the columns below: A company is having difficulty in collecting accounts receivable A company is paying its accounts payable more slowly A company has estimated a higher than normal allowance for doubtful accounts this year A company has had significantly more inventory thefts this year A companys inventory has been piling up because demand for these items has fallen significantly A companys net income increased by 10%; its investors reacted favourably by increasing the share price by 20% A company had no change to its net income this year, and cut its dividend by 5%; its share price fell by 10% A companys net income decreased by 50% this year but the company did not reduce its dividends; its share price fell by 30% A company replaced its CEO and when this was announced, the share price increased by 10% Receivables Turnover Inventory Turnover Current Ratio Price-Earnings Ratio Dividend Yield Payout Ratio
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