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Dungy Training Company has a current ratio of 0.90 to 1, based on current assets of $7.38 million and current liabilities of $8.20 million. How,
Dungy Training Company has a current ratio of 0.90 to 1, based on current assets of $7.38 million and current liabilities of $8.20 million. How, if at all, will a $870,000 cash purchase of inventory affect the current ratio
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