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Purchase building by issuing long term debt ROA Current Ratio Quick Ratio Purchase Inventory on Account ROA Current Ratio Quick Ratio Pay off (reimburse) Short
- Purchase building by issuing long term debt
- ROA
- Current Ratio
- Quick Ratio
- Purchase Inventory on Account
- ROA
- Current Ratio
- Quick Ratio
- Pay off (reimburse) Short term loans with cash
- ROA
- Current Ratio
- Quick Ratio
- Return defective inventory to suppliers (no cash back is received, instead amounts owed to suppliers decrease)
- ROA
- Current Ratio
- Quick Ratio
- Issuance of common stock for cash
- ROA
- Current Ratio
- Quick Ratio
- Collecting cash from credit customers
- ROA
- Current Ratio
- Quick Ratio
- Accrue (record) salary expense without paying the employees their salary yet
- ROA
- Current Ratio
- Quick Ratio
- Declare and pay cash dividends
- ROA
- Current Ratio
- Quick Ratio
For Questions 1 through 8, select I for Increase, D for Decrease, or NE for No Effect. ROA= Average Tous Current Ratio = Total Current Lisbiten Total Current Awts Quick Ratio - Cash+ Marketable Seeruitles - Accounts Receivable lutem Total Current Labditie Assume Current Ratio and Quick Ratio are both above 10 and ROA is below 10 prior to any transaction All transactions are treated independently
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