Check my word E12-7 Analyzing the Impact of Selected Transactions on the Current Ratio L012-8 Current assets for JC Inc, totaled $55,616, and the current ratio was 176. Assume that the following transactions were completed 10 Purchased merchandise for $4.700 on short term credit 2) Purchased a delivery much for $10,000-paid $6.897 cash and signed a two year interest-bearing note for the balance Required: Determine without computation the curent ratio will increase, decreme, or remain unchanged after each onection button Current It To Tramon 12) 2. Compute the current Tower each transaction found a finales to 2 decimal places) T. LAW

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