The balance sheet of Mister Ribs Restaurant reports current assets of $30,000 and current liabilities of $15,000. Calculate the current ratio of Mister Ribs Restaurant and determine whether it will increase or decrease as a result of the following transactions. Consider each item, (a)-(d), independent of the others. a. Pald $2,000 cash for a new oven. b. Received a $2,000 cash contribution from an investor for the company's common stock. c. Borrowed $5,000 cash from a bank, Issuing a note that must be repaid in three years. d. Purchased $500 of napkins, paper cups, and other disposable supplies on account Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate the current ratio and determine whether it will increase, decrease, or remain the same. Received a $2,000 cash contribution from an investor for the company's common stock. Effect Numerator Denominator Current Ratio Current Assets Current Liabilities = o Increase The balance sheet of Mister Ribs Restaurant reports current assets of $30,000 and current liabilities of $15,000. Calculate the current ratio of Mister Ribs Restaurant and determine whether it will increase or decrease as a result of the following transactions. Consider each item, (a)-(d), independent of the others. a. Paid $2,000 cash for a new oven. b. Received a $2,000 cash contribution from an investor for the company's common stock. c. Borrowed $5,000 cash from a bank, issuing a note that must be repaid in three years. d. Purchased $500 of napkins, paper cups, and other disposable supplies on account Complete this question by entering your answers in the tabs below. Required A Required B Required cRequired D Calculate the current ratio and determine whether it will increase, decrease, or remain the same. Borrowed $5,000 cash from a bank, issuing a note that must be repaid in three years. Current Ratio Effect Numerator Current Assets Increase Denominator Current Liabilities $ 15,000