"Cost of goods sold equals $40\%$ of sales.

YInterert expense enuals $6\%$ of the combined notes payable and long term debt balances.

The average federal and state cax rate is $35\%.$

Indicate if any of the listed financial statement accounts is affected by the following business transactions and whether the listed ratios will increase,

decrease, or remain unchanged as a result of the transaction. $($Hint: Assume that the business transaction occurs exactly as stated without

interpreting it furthen. Do not consider any related cransactions that may occur before or after the specified transaction. Assume there are $365$ days in

$\backslash$table$[[$Financial Ratio,Ratio's Behavior$],[$Average collection per$$