What is the effect of the following transactions on the CURRENT RATIO? 1 Paid the monthly rent of $1,000. [ Select ] Decrease Increase No effect 2 Sold merchandise for $200 on credit. Cost of the sale is $120. Select) 3 Bought a vehicle with a loan. First payment is due in two years. [Select] 4 Collected cash on a prior account receivable. [ Select 5 Issued 100 shares of stock in exchange for $2,000 cash. What is the effect of the following transactions on the RETURN ON ASSETS RATIO? 1 Paid the monthly rent of $1,000, Select) Decrease No effect Increase 2 Sold merchandise for $200 on credit. Cost of the sale is $120. Select 3 Bought a vehicle with a loan. First payment is due in two years. [Select 1 4 Collected cash on a prior account receivable. [Select) 5 Issued 100 shares of stock in exchange for $2,000 cash. What is the effect of the following transactions on the DEBT RATIO? Select] 4 1 Paid the monthly rent of $1,000. Select 1 2 Sold merchandise for $200 on credit. Cost of the sale is $120. [Select 3 Bought a vehicle with a loan. First payment is due in two years. Select 4 Collected cash on a prior account receivable. Select) 5 Issued 100 shares of stock in exchange for $2,000 cash