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Please answer the question below and be as specific as possible. 11. On 12/31/2020, the Brock Company repaid the principal on a one year note.

Please answer the question below and be as specific as possible.

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11. On 12/31/2020, the Brock Company repaid the principal on a one year note. Before the transaction, the current ratio and debt to equity ratios were less than 1. Indicate whether the action described for Brock will increase (I), decrease (D) or have no effect (NE)) on the ratios indicated. Current Ratio Debt to Equity Ratio Effect on ratio (I, D or NE?)

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