Suppose Starbucks Corporation borrows $50 million on a 10-year note payable. How does this…

Suppose Starbucks Corporation borrows $50 million on a 10-year note payable. How does this transaction affect Starbucks’ ratios?

a. Improves both ratios.

b. Improves the current ratio and hurts the debt ratio.

c. Hurts both ratios.

d. Hurts the current ratio and improves the debt ratio

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