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Help Required information The following information applies to the questions displayed below.) Nicole has decided that she is going to start her business, Nicole's Getaway

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Help Required information The following information applies to the questions displayed below.) Nicole has decided that she is going to start her business, Nicole's Getaway Spa (NGS). A lot has to be done when starting a new business. Here are some transactions that have occurred prior to April 30. a. Received $80,000 cash when issuing 8,000 new common shares. b. Purchased land by paying $2,000 cash and signing a note payable for $7,000 due in three years c Hired a new aesthetician for a salary of $1,000 a month, starting next month d.NGS purchased a company car for $18,000 cash (list price of $21,000) to assist in running errands for the business. e. Bought and received $1,000 in supplies for the spa on credit. f. Paid $350 of the amount owed in (e). g. Nicole sold 100 of her own personal shares to Raea Gooding for $300 4. Calculate the current ratio at April 30. Current Ratio Numerator Denominator

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