longueuil ltd longueuil is a small manufacturer of shirts in qubec longueuil recently obtained financing from a local bank for an expansion of the company/

Required:
Determine the effect that each of the following transactions will have on the initial current ratio and debt-to-equity ratio. Calculate what each ratio will be after each transaction takes place and state the effect each transaction has on the ratios (increase, decrease, or no effect). Treat each item independently.