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BSO, Inc., has assets of $750,000 and liabilities of $562,500 resulting in a debt-to-assets ratio of 0.75. For each of the following transactions, determine whether
BSO, Inc., has assets of $750,000 and liabilities of $562,500 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.) Debt-to- Assets Ratio Purchased $50,000 of new inventory on a. credit. Paid accounts payable in the amount of $95,000 Recorded accrued salaries in the amount of b. C. |$175,000 Borrowed $325,000 from a local bank, to be d. repaid in 90 days
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