Pa help po salamat Transactions1. Purchased inventory on account.f2. A larger physical volume of goods was soldat smaller unit prices.3. Corporation declared a cash dividend.4. A bad account was written off againstthe allowance account.5. Issued additional shares of common stockand issued proceeds to retire long-term debt.6. Paid stock dividends on common stockin common stock.7. Conversion of bonds payable intocommon stock (ignore income taxes)8. Created an appropriation ofretained earnings9. During period of rising prices, companychanged from FIFO to LIFO method ofinventory pricing10.Paid previously declared cash dividend.Ratio1. Quick ratio2. Gross profitpercentage3. Current ratio4. Current ratio5. Debt ratio6. Earnings pershare7. Interest coverageratio8. ROR on stockhold-er's equity9. Inventory turnover10. Debt ratioREQUIRED:1. What effect would each transaction or event have on the ratio at the right(increase, decrease, remain unchanged)?

Name: Pa help po salamat Transactions1. Purchased inventory on account.f2. A
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Pa help po salamat Transactions1. Purchased inventory on account.f2. A larger physical volume of goods was soldat smaller unit prices.3. Corporation declared a cash dividend.4. A bad account was written off againstthe allowance account.5. Issued addi