The write-off of an uncollectible account receivable would have which effect on the company's quick ratio? Assume the quick ratio is less than 1. Select one: a. Increase O b. Decrease O c. No effect O d. Dollar amounts are needed to determine the direction of the effect. Which of the following transactions would represent a decrease in the company's current ratio, which equals 0.93? Select one: a. The write-off of an account receivable O b. The purchase of the company's own bonds from bondholders O c. The issuance of shares in exchange for land O d. The purchase of merchandise inventory on account