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Posted on Jul 22, 2024

please complete parts 1 and 2! Dungy Training Company has a current ratio of 0.75 to 1, based on current assets of $6.3 million and

please complete parts 1 and 2!

Dungy Training Company has a current ratio of 0.75 to 1, based on current assets of $6.3 million and current abilities of $8.40 million 1. How. If at all, will a $890,000 cash purchase of inventory affect the current ratio? The current ratio will 2. How, if at all, will a $890,000 purchase of inventory on account affect the current ratio? The current ratio will

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