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LeBron's Kids Camps has a current ratio of 0.75 to 1, based on current assets of $3 million and current liabilities of $4 million. a-1.
LeBron's Kids Camps has a current ratio of 0.75 to 1, based on current assets of $3 million and current liabilities of $4 million. a-1. How, if at all, will a $580,000 cash purchase of inventory affect the current ratio? The current ratio will a-2. What would be the new current ratio? (Round your answer to 2 decimal places.) Current ratio to 1 How, if at all, will a $580,000 purchase of inventory on account affect the current ratio? e current ratio will
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