The following balances were taken from the December 31, 2012, balance sheet of Manpower Inc., a world-leading

Question:

The following balances were taken from the December 31, 2012, balance sheet of Manpower Inc., a world-leading workforce provider (dollars in millions):

Current assets ........ $5,061

Long-term assets .......1,952

Current liabilities .......3,677

Long-term liabilities ...... 835

Shareholdersâ€™ equity ......2,501

Early in 2013, Manpower considered the financial effects of several events.

REQUIRED:

For each of the five events listed here, indicate how each event would affect the financial ratios listed by completing the following chart. Assume that financial statements are prepared1 immediately after each event.

Treat each event independently, and use the following key: Increase (+), Decrease (â€“), and No Effect(NE).

The following balances were taken from the December 31, 2012,

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