Assuming that the debt to equity ratio is 2:1 state giving reasons, which of the following transacitons would (i) increase,(ii) decrease,(iii) not alter debt to equity ratio:
(i) issue of new shares for cash.
conversion of debentrues into equity shares
(iii) sale of a fixed asset at profit
(iv) puchase of a fixed asset on long term deferred payment basis
(v) payment ot creditors.