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Indicate the effect that each transaction/event listed here will have on the financial ratio listed opposite it. Use + for increase, - for decrease, and

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Indicate the effect that each transaction/event listed here will have on the financial ratio listed opposite it. Use + for increase, - for decrease, and (NE) for no effect. Assume that current assets exceed current liabilities in all cases, both before and after the transaction/event. Effect Transaction/Event a. Purchased Inventory on account b. Sold inventory for cash, at a profit. e issued a 10% stock dividend d. Issued common stock for cash. e. Sold land at a gain, 1. Purchased treasury stock for cash 9. Accrued interest on a note payable h. Accrued wages that have been eamed by employees Purchased equipment for cash Issued bonds at an interest rate that is less than the company's ROI + Financial Ratio Number of days' sales in inventory Inventory turnover Earnings per share Debt ratio Return on investment Debtequity ratio Times Interest eamed Current ratio Plant and equipment tumover Return on equity

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