For each of the following transactions, show impact on financial position and indicate what effect the transaction will have on the indicated ratio (I-increase, D - decrease, NE- no effect). Assume the business uses perpetual inventory system an method for uncollectible accounts. (20 pts) Example: Transcation Repaid bond payable. Ratio Ratio of Liabilities to SE A-L SE -NE Effect D Ratio Current Ratio Inventory Turnover Quick Ratio Accounts Receivable Turnover Current Ratio Rate Earned on SE Ratio of Liabilities to SE Current ratio Dividend yield Rate Earned on Total Assets Transaction Sold merchandise on account. Collected on accounts receivable. Paid on accounts payable a. b. Sold merchandise on account. C. d. Wrote off an uncollectible account. e. f. Declared a cash dividend. g. Issued stock dividend. h. Accrued interest expense. i. Paid previously declared cash dividend j. Purchased treasury stock