7. If a customer pays its overdue bill on inventory purchased six months ago, the current ratio will a. Increase b. decrease c. stay the same d. cannot be determined 8. If a customer pays its overdue bill on inventory purchased six months ago, the quick ratio will a. Increase b. decrease c. stay the same d. cannot be determined 9. If the firm uses cash to purchase additional inventories, the current ratio will a. Increase b. decrease c. stay the same d. cannot be determined 10. If the firm uses cash to purchase additional inventories, the quick ratio will a. Increase b. decrease c. stay the same d. cannot be determined