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Help Save & Exit Submit Dungy Training Company has a current ratio of 0.70 to 1, based on current assets of $5.6 million and current

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Help Save & Exit Submit Dungy Training Company has a current ratio of 0.70 to 1, based on current assets of $5.6 million and current liabilities of $8.00 million 1. How, if at all, will a $850,000 cash purchase of inventory affect the current ratio? 2. How, If at all, will a $850,000 purchase of Inventory on account affect the current ratio? The current ratio will

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