E3 Kinder laugh Company is manufacturer of wooden toys. The following information's are extracted from their balance sheet for the year ended December 2019. The total current asset of the company is OMR 6000 and the current liability is OMR 3000, this leads to current ratio of company is 2:1. Required: From the following factors describe with a reason how its affect the current ratio by mentioning the (i) Improve (Increase) the current ratio. (ii) Reduce the current ratio. (iii) No change in the current ratio. (5X2=10 Marks) 1. To Pay current liability 2. To sell a plant and Machinery for cash. 3. Borrow the money from national bank of Oman. 4. Purchase of raw material from lulu hypermarket for cash. 5. Received a cheque from the debtors for the sales happened in the month of July 2019