Show the effect of each of the transactions below on total liabilities and the debt-to-equity ratio by using one of the symbols in each box to complete the table. If the numerator and denominator of a ratio both increase or both decrease by the same amount, the effect of the event on the ratio is "O" or no effect.
Definitions:
Parking Violation
An infraction or offense committed by parking a vehicle in a restricted or prohibited area without permission.
Subsidies
Subsidies are financial assistance provided by governments to organizations, businesses, or individuals to support economic activities deemed beneficial for the public.
Government Grants
Financial awards given by the government to individuals, organizations, or companies to support activities beneficial to the public without expectation of repayment.
Economic Activities
Economic activities refer to actions that involve the production, distribution, and consumption of goods and services.
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