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Most decisions made by management impact the ratios analysts use to evaluate performance Indicate by letter whether each of the actions listed below will immediately

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Most decisions made by management impact the ratios analysts use to evaluate performance Indicate by letter whether each of the actions listed below will immediately increase (). decrease D). or have no effect IN) on the ratios shown. Assume each ratio is less than 1.0 before the action is taken Acid lose Current Ratio Detto Equity Hallo Action 1 Issuance of long-term bonds 2. Issuance of short-term notes 3. Payment of accounts payable 4. Purchase of Inventory on account 5. Purchase of inventory for cash 6 Purchase of equipment with a 4-year note 17 Repayment of long-term nates payable 8. Issuance of common stock 9. Payment for advertising expense 10 Purchase of short-term investment for cash 11 Reclassification of long-term notes payable to current notes payable $

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