On 11/1/2020, your company recorded the following journal entries:

DR: Cash......... $5000

CR: Deferred Revenue ..... $5000

What is the impact of these journal entries on the financial statement ratios for the year ended 12/31/2020?

a) the current ratio will change

b) the quick ratio will change

c) the debt to equity ratio will increase

d) the return on equity will increase