Indicate (1.e., circle one) the direction of the following transaction on current ratio. (Assume that the current ratio is greater than 1.0 prior to the transaction). (current ratio-current assets/current liability) Borrowed $50,000 from Bank; signed a 6-month, 4 percent interest-bearing note a) decrease no effect Increase b) Purchased inventories at a cost of S80,000 on credit Increase Recorded income tax expense for the year in the amount of $125,000 Increase no effect decrease c) decrease no effect Indicate (i.e., circle one) the direction of the following transaction on ROE and EPS d) Issued 1,000 common shares for cash. Impact on ROE Increase decrease no effect Impact on EPS Increase decrease no effect