Three commonly used measures of solvency are the debt-to-equity ratio, the times interest earned ratio, and the cash coverage ratio. Issued shares in exchange for equipment for $500,000.Issued bonds at par for $1 million cash.Previously declared dividends are paid in cash.Accrued interest expense is recorded.A customer pays money on his Account receivable.Required:For each of the above transactions, determine whether the measure will increase, decrease, or not change. Assume that all ratios are higher than 1. (Hint: Dividends paid are considered a financing activity.)