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need the missing information BSO, Inc has assets of S700 000 and iabilities of $525,000 resulting in a debt to-assets ratio of 0. 75. For
need the missing information
BSO, Inc has assets of S700 000 and iabilities of $525,000 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. (Round your answers to 2 decimal places-) Debt-to Assets a. Purchased $40 000 of new inventory on credit. b. Paid accounts payable in the amount of $80,000 Increase Decrease Increase Increase 076 Recorded accrued salaries in the amount of $150,000 d. Borrowed S300,000 from a local bank, to be repaid in 90 daysStep by Step Solution
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