The current assets and current liabilities of PTI Limited amounted to ₹ 230 million and ₹ 100 million, respectively. The current assets include inventories amounting to ₹ 80 million. Compute the current ratio and liquid ratio for the company and comment. What will be the impact of the following transactions on these ratios:

1. Sold goods for ₹ 30 million on credit.

2. Paid ₹ 10 million to the supplier in respect of earlier purchases.

3. Bought a machine for ₹ 60 million paid by cheque.

4. Issued shares amounting to ₹ 100 million.

5. Repaid a long­term bank loan amounting to ₹ 40 million.