Determine the effect on the current ratio, quick ratio, net working capital (current assets minus current liabilities), the debt ratio (total liabilities to total assets) of each of the following transactions. Consider each transaction seperately and assume that prior to each transaction the current ratio is 1.8x, the quick ratio is 1.5x, and the debt ratio is 75%. Think about what is included in each portion of the ratio. Use "I" for increase, "D" for decrease, and "N" for no change.

Transaction

A) Receives a $15,000 payment from a customer from a previous sale.

B) Writes off $5,000 in obsolete inventory.

C) Writes off $4,000 in bad debt.

D) Purchases $23,000 in raw materials on credit.

E) Makes a $2,000 profitable sale for cash.

F) Sells $45,000 in fixed assets (assume sale price equals book value).