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Complete the lettered cells in the following table by indicating whether each transaction causes the selected ratios for Blue Inc. to increase (+), decrease (-),

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Complete the lettered cells in the following table by indicating whether each transaction causes the selected ratios for Blue Inc. to increase (+), decrease (-), or not change (NC). Notice you do not need to show the updated ratios. Consider each of the five transactions independently (i.c., on their own) + Debt-to- Asset Net Profit Earnings Transaction Assets Turnover Margin Per Share Customers used previously issued gift (a) NC (b) decrease certificates for food and drinks valued at $500 Accrued $950 for this month's utility bill, which ) (d) (@) will be paid next month Recorded $2,400 of (1) depreciation this month. d (B) (h) Purchased and received, but didn't yet pay for equipment costing $550 Received $60,000 cash from shareholders for additional common shares of Blue Inc

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