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

question 92

Essay

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.
$\begin{array}{lll}&&\text { Profit Margin } & \text { Plant Asset } & \text { Inventory } \\&&\text { Ratio } & \text { Turnover } & \text { Turnover }\\a.& \text {Payment of various repair expenses }&\_\_\_\_&\_\_\_\_&\_\_\_\_\\b.& \text {Purchase of inventory on account }&\_\_\_\_&\_\_\_\_&\_\_\_\_\\c.& \text { Purchase of equipment}&\_\_\_\_&\_\_\_\_&\_\_\_\_\\d.& \text {Payment of bonds payable }&\_\_\_\_&\_\_\_\_&\_\_\_\_\\\end{array}$

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Definitions:

Local

pertains to practices, products, or activities that are specific to a particular area, community, or culture, often emphasizing small-scale and community-based operations.

Global Co-Exist

The concept of various cultures, nations, or global businesses working together in harmony or mutual respect.

Deterritorialization

The process by which social, cultural, or political boundaries become less relevant due to globalization and technological advancements.

Local Tradition

Cultural practices and beliefs that are specific to a particular geographic area or community.