AIndicate the Effect of a Sale of Merchandise on Account

question 95

Essay

a.Indicate the effect of a sale of merchandise on account (on credit)on each of the following items.Assume the selling price exceeds the cost of the inventory.Use "Increase," "Decrease," or "No effect" to express your answer for each,and place your answers in the spaces provided.
$$\begin{array} { | l | l | } \hline \text { Current ratio } &\quad\quad \quad \\\hline \text { Quick ratio } & \\\hline \text { Inventory turnover } & \\\hline \text { Asset turnover } & \\\hline\end{array}$$

b. Indicate the effect of a payment of an account payable on each of the following items. Assume that the first two ratios exceeded 1.0 before the transaction. Use "Increase," "Decrease," or "No effect" to express your answer for each, and place your answers in the spaces provided.
$\begin{array}{|l|l|}\hline \text { Current ratio } &\quad\quad\quad\quad \\\hline \text { Quick ratio } & \\\hline \text { Return on equity } & \\\hline \text { Receivable turnover } & \\\hline\end{array}$

Apply principles of classical conditioning to everyday situations and learning processes.

Comprehend the process by which experience leads to a relatively permanent change in behavior.

Understand how conditioned stimuli are developed and how they function within the learning process.

Understand the criteria for defining abnormal behavior, including the impact of behaviors on functioning and well-being.

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Definitions:

Osteocyte

A mature bone cell, surrounded by bone matrix, responsible for maintaining and monitoring the bone structure.

Hydroxyapatite

A naturally occurring mineral form of calcium apatite, which is the primary structural component of bone and teeth.

Organic Matrix

The non-mineral component of bone and teeth, composed mainly of collagen, which gives them structure and flexibility.

Heat

A form of energy that is transferred between systems or objects with different temperatures, flowing from the hotter system to the cooler one.