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6eso BSO, Inc., has assets of $710,000 and liabilities of $532,500 resulting in a debt-to-assets ratio of 0.75. For each of the following transactions, determine
6eso BSO, Inc., has assets of $710,000 and liabilities of $532,500 resulting in a debt-to-assets ratio of 0.75. For each of the following transactions, determine whether the debt-to-assets ratio will increase, decrease, or remain the same, and enter the value of the new debt-to-assets ratio. Each item is independent. (Round your answers to 2 decimal places.) 16.7 points Debt-to-Assets Ratio a. Purchased $42,000 of new inventory on credit. b. Paid accounts payable in the amount of $83,000. c. Recorded accrued salaries in the amount of $155,000. d. Borrowed $305,000 from a local bank, to be repaid in 90 days. eBook Print
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