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Business Transaction 2 A $500,000 10-year bank loan is initiated, and the funds are placed in Atlanta Aeronautics Co. (AAC)'s checking account. nancial Ratio Ratio's Behavior perating profit margin bt ratio rent ratio rurn on assets

Business Transaction 2 A $500,000 10-year bank loan is initiated, and the funds are placed in Atlanta Aeronautics Co. (AAC)'s checking account. nancial Ratio Ratio's Behavior perating profit margin bt ratio rent ratio rurn on assets

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Ratio's Behavior Times-interest-earned Quick ratio Decreases Market-to-book ratio Price-to-earnings ratio Increases Inventory turnover ratio No change Business Transaction 2 A $500,000 10-year bank loan is initiated, and the funds are placed in Atlanta Aeronautics Co. (AAC)'s checking account. Financial Ratio Ratio's Behavior Operating profit margin Debt ratio Current ratio Return on assets Gross profit margin
Transcribed Image Text:Ratio's Behavior Times-interest-earned Quick ratio Decreases Market-to-book ratio Price-to-earnings ratio Increases Inventory turnover ratio No change Business Transaction 2 A $500,000 10-year bank loan is initiated, and the funds are placed in Atlanta Aeronautics Co. (AAC)'s checking account. Financial Ratio Ratio's Behavior Operating profit margin Debt ratio Current ratio Return on assets Gross profit margin
Business Transaction 1 Atlanta Aeronautics Co. (AAC) sells $ 165,000 of merchandise on credit. Financial ACcount Check if the Account Is Affected by the Specified Transaction Inventory Accounts receivable Taxes payable Retained earnings Sales Accounts payable Financial Ratio Ratio's Behavior Times-interest-earned Quick ratio Decreases Market-to-book ratio Increases Price-to-earnings ratio Inventory turnover ratio No change
Transcribed Image Text:Business Transaction 1 Atlanta Aeronautics Co. (AAC) sells $ 165,000 of merchandise on credit. Financial ACcount Check if the Account Is Affected by the Specified Transaction Inventory Accounts receivable Taxes payable Retained earnings Sales Accounts payable Financial Ratio Ratio's Behavior Times-interest-earned Quick ratio Decreases Market-to-book ratio Increases Price-to-earnings ratio Inventory turnover ratio No change
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