MVP Company has below ratios for the year 2021: ROA = 10% Current Ratio = 2:1 What is the effect of the following transactions on the above ratios? ( DECREASE, INCREASE, NO EFFECT)

Transactions ROA Impact Issued shares for P150,000.00 Purchased equipment for cash, P25000 Credit sales of P40,000 (COGS P30,000) Paid P5,000 to accounts payable Received an electricity bill for P2,500 for electricity used in the period. (1) (3) (5) (7) Current ratio impact (2) (4) (6) (8) (9)