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At the end of 2021, Barker Corporation's preliminary trial balance indicated a current ratio of 1.5. Management is contemplating paying some of its accounts payable

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At the end of 2021, Barker Corporation's preliminary trial balance indicated a current ratio of 1.5. Management is contemplating paying some of its accounts payable balance before the end of the fiscal year. Determine whether the effect this transaction would increase or decrease the current ratio. Would your answer be the same if the preliminary trial balance indicated a current ratio of 0.7? Preliminary trial balance current ratio of 15, a payoff of AP would Preliminary trial balance current ratio of 07 payoff of AP would the current ratio the current ratio

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