nect HW Ch.13 Seved 6 Assume current assets totaled $50,000 and the current ratio was 12 before the following independent transactions: (1) Purchased merchandise for $14,000 on short-term credit (2) Purchased a delivery truck for $21,000. Paid $8,000 cash and signed a two-year interest-bearing note for the balance Required: Compute the current ratio after each independent transaction (Round your answers to 2 decimal places.) nts eBook Current Ratio Transaction (1) (2) Print enres