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Current Ratio . What effect would the following actions have on a rms current ratio? Assume that net working capital is positive. Inventory is purchased.
Current Ratio. What effect would the following actions have on a rms current ratio? Assume that net working capital is positive.
- Inventory is purchased.
- A supplier is paid.
- A short-term bank loan is repaid.
- A long-term debt is paid off early.
- A customer pays off a credit account.
- Inventory is sold at cost.
- Inventory is sold for a prot.
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