Sunrise Ltd completed the following transactions during a given year:
|
Transaction |
Ratio |
|
1. Sold obsolete inventory at cost 2 Redeemed by issuing ordinary shares 3. Issued a share on ordinary shares 4. Declared a cash on ordinary shares 5. Paid the GST owing to the tax office 6. Purchased inventory on credit 7. Sold inventory for cash 8. Wrote off a bad debt against Allowance for Doubtful Debts 9. Collected an account receivable 10. Sold inventory on credit 11. Issued additional ordinary shares for cash 12. Paid trade accounts payable |
Profit margin Return on ordinary equity Earnings per share Dividend payout Dividend yield Quick ratio Current ratio Current ratio Receivables turnover Inventory turnover Debt ratio Return on assets |
Required
State whether each transaction would cause the ratio listed with the transaction to increase, decrease or remain unchanged.
