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BSO, Inc. has current assets of $1,160,000 and current liabilities of $580,000, resulting in a current ratio of 2.0. calculate the current ratio and determine

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BSO, Inc. has current assets of $1,160,000 and current liabilities of $580,000, resulting in a current ratio of 2.0. calculate the current ratio and determine whether it will increase, decrease, or remain the same. a. Purchased $60,000 of supplies on credit. b. Paid accounts payable in the amount of $90,000

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