Hi there I just wanted some further explanation on how to so,ve these questions. I know the formula is is current assets/ current liabilities.

Exercise B A company engaged in the following three independent transactions: - Merchandise purchased on account, $2,400,000. - Machinery purchased for cash, $2,400,000. - Capital stock issued for cash, $2,400,000. 1. Compute the current ratio after each of these transactions assuming current assets were $3,200,000 and the current ratio was 1:1 before the transactions occurred. 2. Repeat part (a) assuming the current ratio was 2:1. 3. Repeat part (a) assuming the current ratio was 1:2