Current Ratio. What effect would the following actions have on a rms current ratio? Assume that net working capital is positive.

1. Inventory is purchased.
2. A supplier is paid.
3. A short-term bank loan is repaid.
4. A long-term debt is paid off early.
5. A customer pays off a credit account.
6. Inventory is sold at cost.
7. Inventory is sold for a profit.