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For the described event, Identify whether the immediate impact of recording the event is to Increase. Decrease, or have No Impact on each of the

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For the described event, Identify whether the immediate impact of recording the event is to Increase. Decrease, or have No Impact on each of the ratios. Also indicate the impact of the event on the perceived aspects of company financial health and performance Assume all ratios begin with a value less than 1. (Note: consider only the immediate Impect of the described event-Including normal closing entries) c b 1 Impact on each ratio Current Ratio Debt to Absets Refum on Equity Impact on each aspect of performance Liquidity Suley Profitability 2 Event 3 Recordions of inventory due to the

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