Brent Landry Company reported these ratios at December 31, 2010 (dollar amounts in millions):

Brent Landry Company completed these transactions during 2011:
a. Purchased equipment on account, $6
b. Paid long-term debt, $11
c. Collected cash from customers in advance, $8
d. Accrued interest expense, $7
e. Made cash sales, $11
Determine whether each transaction improved or hurt Landry€™s current ratio and debtratio.

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S40 1.33 Current ratio 1.3.3 Debt ratio $60 Debt ratio 0.50 $60 0.50