Atlanta inc. recently decided to lower its budget for doubtful accounts by dropping bad debt expense from 2% of sales to 1% of sales. ignoring taxes, what are the direct effects of this decision on firms' operating cash flow and operating income respectively? no effect/ increaseincrease/ no effectdecrease/ no effectincrease/ decrease

Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.