The following transactions occur for Badger Biking Company during the month of June: a. Provide services to customers on account for $46,000.
b. Receive cash of $38,000 from customers in (a) above. Purchase bike equipment by signing a note with the bank for $31,000.
c. Pay utilities of $4,600 for the current month.

Required:
Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases to account classifications should be entered as a negative.)

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld