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Assume a company has a current ratio of 1.00. When inventory is purchased on account, what will happen to the current ratio? a. It will
Assume a company has a current ratio of 1.00. When inventory is purchased on account, what will happen to the current ratio?
a. | It will vanish. | ||
b. | It will increase | ||
c. | It will decrease. | ||
d. |
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