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Which of the following actions would NOT affect the quick / liquid ratio of a firm? Select one: Q a. Purchase inventory on credit b. Sell fixed assets for cash c. Sell inventory on credit 000 d. Collect outstanding accounts receivable Redriver Company has a 2.5% return on average assets of $500,000 and a net profit ratio of 10%.Redrivers's sales are closest to? Select one: Q a. $25,000 b. $100,000 0 o c. $125,000 0 d. $75,000 Galaxy Ltd has achieved a return on assets (ROA) of 5%. It pays an average of 6% interest on its debt. It has increased its debt ratio from 30% to 38% over the past year, this increase would have the following effect on the return on equity (ROE) Select one: Q a. An improvement in the ROE b. A worsening of the ROE c. Neither a favourable or unfavourable effect 000 d. Cannot be determined