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Indicate the Effects (Increase, Decrease, No Effect) of the Following

Question 92

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Indicate the effects (increase, decrease, no effect) of the following independent transactions on (1) the profit margin ratio, (2) the plant asset turnover, and (3) the inventory turnover.
 Profit Margin  Plant Asset  Inventory  Ratio  Turnover  Turnover a.Payment of various repair expenses ____________b.Purchase of inventory on account ____________c. Purchase of equipment____________d.Payment of bonds payable ____________\begin{array}{lll}&&\text { Profit Margin } & \text { Plant Asset } & \text { Inventory } \\&&\text { Ratio } & \text { Turnover } & \text { Turnover }\\a.& \text {Payment of various repair expenses }&\_\_\_\_&\_\_\_\_&\_\_\_\_\\b.& \text {Purchase of inventory on account }&\_\_\_\_&\_\_\_\_&\_\_\_\_\\c.& \text { Purchase of equipment}&\_\_\_\_&\_\_\_\_&\_\_\_\_\\d.& \text {Payment of bonds payable }&\_\_\_\_&\_\_\_\_&\_\_\_\_\\\end{array}

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