Accounting: Effects of Transactions on Ratios a. Sold merchandise on account Current ratio effect would be Increase, Decrease, or None b. Sold merchandise on account Inventory turnover would be Increase, Decrease, or None c. Collected on accounts receivable Quick ratio would be Increase, Decrease, or None d. Wrote off an uncollectible acct = Receivable turnover would be Increase, Decrease, or None e. Paid on accounts payable current ratio would be increase, decrease, or none f. Declared cash dividend return on equity would be increase, decrease or none g. Incurred advertising expense profit margin would be increase, decrease or none h. issued stock dividend = debt to equity ration would be increase, decrease or none i. Issued bonds payable/ asset turnover would be increase, decrease or none j. accrued interest expense/current ratio would be increase, decrease or none k. paid previously declared cash dividend would be increase, decrease or none l. purchased treasury stock/ return on assets would be increase, decrease or none m. recorded depreciation expense/ cash flow yield would be increase, decrease or none