Brent Landry Company reported these ratios at December 31, 2010 (dollar amounts in millions):Brent..

Brent Landry Company reported these ratios at December 31, 2010 (dollar amounts in millions):Brent..

Brent Landry Company reported these ratios at December 31, 2010 (dollar amounts in millions):Brent Landry Company completed these transactions during 2011:a. Purchased equipment on account, $6b. Paid long-term debt, $11c. Collected cash from customers in advance, $8d. Accrued interest expense, $7e. Made cash sales, $11Determine whether each transaction improved or hurt Landry’s current ratio and debtratio.
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Brent Landry Company reported these ratios at December 31 2010

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