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For each of the actions listed below, determine what would happen to the current ratio. Assume nothing else in the balance sheet changes and net

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For each of the actions listed below, determine what would happen to the current ratio. Assume nothing else in the balance sheet changes and net working capital is positive. a. Accounts receivables are paid in cash b. Notes payable are paid off in cash c. Inventory is sold on account d. Inventory is purchased on account e. Accrued wages and taxes increased f. Long-term debt is paid in cash g. Cash from a short-term bank loan is received

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