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M10-14 Analyzing the Impact of Transactions on the Debt-to-Assets Ratio [LO 10-5) BSO, Inc., has assets of $760,000 and liabilities of $570,000 resulting in a

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M10-14 Analyzing the Impact of Transactions on the Debt-to-Assets Ratio [LO 10-5) BSO, Inc., has assets of $760,000 and liabilities of $570,000 resulting in a debt-to-assets ratio of 0.75. For each of the following transactions, determine whether the debt-to-assets ratio will increase, decrease, or remain the same, and enter the value of the new debt-to-assets ratio. Each item is independent. (Round your answers to 2 decimal places.) Debt-to-Assets Ratio a. Purchased $52,000 of new inventory on credit. b. Paid accounts payable in the amount of $98,000. c. Recorded accrued salaries in the amount of $180,000. d. Borrowed $330,000 from a local bank, to be repaid in 90 days

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