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. Assuming that net working capital is positive, what effect would the following have on a firm's current ratio? Mention 3 limitations of ratio analysis

.Assuming that net working capital is positive, what effect would the following have on a firm's current ratio? Mention 3 limitations of ratio analysis .(7+3)

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a. Inventory is purchased. b. A supplier is paid. c. A short-term bank loan is repaid. d. A long-term debt is paid off early. e. A customer pays off a credit account. f. Inventory is sold at cost. g. Inventory is sold for a profit

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