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Question 7 12 pts Nord Company had $422,000 of current assets and $120,000 of current liabilities before borrowing $105,000 from the bank with a 3-month
Question 7 12 pts Nord Company had $422,000 of current assets and $120,000 of current liabilities before borrowing $105,000 from the bank with a 3-month note payable. What is Nord's current ratio before the borrowing? What is Nord's current ratio after the borrowing? Enter the answer rounded to two decimals places. Enter only the numerical part of the answer. For instance, if the answer is 4.1766, enter the answer as 4.18
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