Sunbeam is a leading designer, manufacturer, and marketer of branded consumer products, including Mr. Coffee, Osterizer, First Alert, and Coleman camping gear. Recently, the company has experienced significant financial difficulties and has been named in a number of lawsuits alleging material misstatements in its financial statements. The company's financial statements acknowledge that actions pending against the company "could have a material adverse impact on the Company's financial position."

As a result, management must pay close attention to the impact that each operating decision has on the company's liquidity.

In the most recent statement, Sunbeam reported current assets of $1,090,068,000 and current liabilities of $602,246,000. Determine the impact of the following transactions on the current ratio for Sunbeam: ( 1 ) sold long-term assets that represented excess capacity, (2) accrued severance pay and fringes for employees who will be terminated, (3) wrote down the carrying value of certain inventory items that were deemed to be obsolete, and (4) acquired new inventory: supplier was not willing to provide normal credit terms, so an 18-month interest-bearing note was signed.