Indicate the effect of each of the following transactions on (1) the current ratio, (2) working capital, (3) stockholders' equity, (4) book value per share of common stock, and (5) retained earnings. Assume that the current ratio is greater than 1:1. (Indicate the effect of each transaction by selecting "+" for increase, "-" for decrease, and leave the cell blank if there is no effect.)

a. Collected account receivable. b. Wrote off account receivable. c. Converted a short-term note payable to a long-term note payable. d. Purchased inventory on account. e. Declared cash dividend. f. Sold merchandise on account at a profit. g. Issued stock dividend. h. Paid account payable. i. Sold building at a loss. Current Working Stockholders Book Retained Ratio Capital Equity Value Earnings b C. d. h