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please answer whether the follwing metrics will increase, decrease, or have no change: Current Ratio, Inventory Turnover Ratio, Fixed Asset Turnover Ratio, and Debt to
please answer whether the follwing metrics will increase, decrease, or have no change: Current Ratio, Inventory Turnover Ratio, Fixed Asset Turnover Ratio, and Debt to Equity Ratio. Also for Gross Profit Margin, and Total Asset Turnover Ratio Use the following information for this question and for questions 15 and 16. You are a financial analyst covering TechHome Inc. (THI), a company that makes smart furniture. THI engaged in a series of transactions in the current fiscal year and you are analyzing how the transactions affect THI's financial statement accounts and key performance ratios. The selected transactions are as follows: A. THI sold finished products from its inventory for $1,400 cash. Cost of goods = $950. B. THI acquired machinery for $1,500 in exchange for a note payable of $850 payable in 6 months and the balance was paid in cash. C. THI recorded depreciation of $200 on its Property, Plant, and Equipment (PP&E). Consider each transaction (A-C) independently and evaluate the effect (if any) on the stated key financial statement ratios based solely on the effect of the specified transaction. (This Question 14) - For Transaction A, the effect on the Current Ratio and the Inventory Turnover ratio is No effect on either ratio Decrease/Increase Increase/Increase Increase/Decrease Decrease/Decrease
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