Chapter 16, Problem 13P

To determine

Concept Introduction:

Ratios:

A ratio can be defined as a measure calculated to know the relation of two variable, that how they depend on each other. An increase in numerator and decrease in denominator will increase the ratio, on the other hand, a decrease in numerator and increase in denominator will decrease the ratio.

To indicate:

The effects that each business or event would have on the ratio listed opposite to it.