What is the effect of the following transactions on the CURRENT RATIO 1 Paid the monthly rent of $1,000 Select Decrease Increase No effect 2 Sold merchandise for $200 on credit Cost of the sale is $120 Select) 3 Bought a vehicle with a loan First payment is due in two years Select 4 Collected cash on a prior account receivable Select 5 Issued 100 shares of stock in exchange for $2,000 cash What is the effect of the following transactions on the RETURN ON ASSETS RATIO 1 Paid the monthly rent of $1,000, Select) Decrease No effect Increase 2 Sold merchandise for $200 on credit Cost of the sale is $120 Select 3 Bought a vehicle with a loan First payment is due in two years Select 1 4 Collected cash on a prior account receivable Select) 5 Issued 100 shares of stock in exchange for $2,000 cash What is the effect of the following transactions on the DEBT RATIO Select 4 1 Paid the monthly rent of $1,000 Select 1 2 Sold merchandise for $200 on credit Cost of the sale is $120 Select 3 Bought a vehicle with a loan First payment is due in two years Select 4 Collected cash on a prior account receivable Select) 5 Issued 100 shares of stock in exchange for $2,000 cash

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What is the effect of the following transactions on the CURRENT RATIO  1 Paid the monthly rent of $1,000    Select   Decrease Increase No effect 2 Sold merchandise for $200 on credit  Cost of the sale is $120  Select) 3 Bought a vehicle with a loan  First payment is due in two years   Select  4 Collected cash on a prior account receivable    Select 5 Issued 100 shares of stock in exchange for $2,000 cash  What is the effect of the following transactions on the RETURN ON ASSETS RATIO  1 Paid the monthly rent of $1,000, Select) Decrease No effect Increase 2 Sold merchandise for $200 on credit  Cost of the sale is $120  Select 3 Bought a vehicle with a loan  First payment is due in two years   Select 1 4 Collected cash on a prior account receivable   Select) 5 Issued 100 shares of stock in exchange for $2,000 cash  What is the effect of the following transactions on the DEBT RATIO  Select  4 1 Paid the monthly rent of $1,000  Select 1 2 Sold merchandise for $200 on credit  Cost of the sale is $120   Select 3 Bought a vehicle with a loan  First payment is due in two years  Select 4 Collected cash on a prior account receivable  Select) 5 Issued 100 shares of stock in exchange for $2,000 cash

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What is the effect of the following transactions on the CURRENT RATIO? 1 Paid the monthly rent of $1,000. [ Select ] Decrease Increase No

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