Emerald Corporation's current ratio is $0\mathrm{.}5,$ while Ruby $($Emerald$\text{'}$s competitor$)$ Company's current ratio is $1\mathrm{.}5.$ Both firms want to "window dress" their coming end$-$of$-$year financial statements. As part of their window dressing strategy, each firm will double its current liabilities by adding short$-$term debt and placing the funds obtained in the cash account. Which of the statements below best describes the actual results of these transactions?

Select one:

a$.$ The transactions will have no effect on the current ratios.

b$.$ The current ratios of both firms will be increased.

C$.$ The current ratios of both firms will be decreased.

d$.$ Only Emerald Corporation's current ratio will be increased.

e$.$ Only Ruby Company's current ratio will be increased.