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Dungy Training Company has a current ratio of 0.80 to 1, based on current assets of $6.48 million and current liabilities of $8.10 million 1.

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Dungy Training Company has a current ratio of 0.80 to 1, based on current assets of $6.48 million and current liabilities of $8.10 million 1. How, if at all, will a $860,000 cash purchase of inventory affect the current ratio? The current ratio will 2. How, if at all, will a $860,000 purchase of inventory on account affect the current ratio? The current ratio will

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