CP 15-5 A Read oud L Add the In the left-hand column, a series of independent transactions is listed; in the right-hand column, a series of ratios is listed. Transaction Effect on ratio - No Increase Decrease change Ratio Declared a cash dividend Current ratio Wrote-off an uncollectible account receivable Accounts receivable collection period Purchased inventory on account Acid-test ratio Return on total assets Issued 10-year bonds to acquire plant assets Issued additional stock for cash Debt to stockholders' equity ratio Earnings per share Declared a stock dividend on common shares - + fit to page Page view N e west LA Purchased inventory on account Acid-test ratio Issued 10-year bonds to acquire plant assets Return on total assets Issued additional stock for cash Debt to stockholders' equity ratio Farm Earnings per share Declared a stock dividend on common shares Purchased supplies on account Current ratio Acid-test ratio Paid a current creditor in full Paid an account payable Number of days of sales in inventory Required: For each transaction indicate whether the ratio will increase, decrease, or remain unchanged. Assume all ratios are greater than 1:1 before each transaction where applicable. Effect on ratio No Dec. change Inc. Transaction Declared a cash dividend Wrote-off an uncollectible account receivable Purchased inventory on account Issued 10-year bonds to acquire capital assets Issued additional shares for cash Ratio Current ratio Accounts receivable collection period Acid-test ratio Return on total assets Debt to stockholders' equity ratio Earnings per share Declared a stock dividend on common shares Restricted part of retained earnings Purchased supplies on account Paid a short-term creditor in full Paid an account payable, taking the cash discount Return on stockholders' equity Current ratio Acid-test ratio Number of days sales in inventory