Draw Design Layout References Tell me w A Aav Ar Times New... 12 Paragraph Styles Dictate B TU ab X x Avv Av Problem 2: 15 minutes, 5 marks Prior to the transactions listed below in the left column, Blue Inc. reported a debt-to-assets ratio of 0.50, asset turnover of 1.20, net profit margin of 0.30, and earnings per share of $1.00. Required to be completed in the chart below): Complete the lettered cells in the following table by indicating whether cach 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.e., on their own) Debt-to- Assets Asset Turnover Net Profit Margin Earnings Per Share Transaction Customers used previously issued gift certificates for food and drinks valued at $500 (a) (b) Accrued 5950 for this month's utility bill, which (c) will be paid next month. (d) (e) h () Recorded $2,400 of depreciation this month, (8) (h) Purchased and received, but didn't yet pay for, equipment costing $550. Received $60,000 cash from sharcholders for additional common shares of Blue Inc. (1) 0 COME November 2011 1780 words Focus