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Select for each of the following transactions whether the transaction would improve, weaken, or have no effect on the current ratio of Bonita Inc. at
Select for each of the following transactions whether the transaction would improve, weaken, or have no effect on the current ratio of Bonita Inc. at December
Write off an uncollectible account receivable, $
Repurchase capital stock for cash.
Pay $ on notes payable shortterm
Collect $ on accounts receivable.
Buy equipment on account.
Give an existing creditor a shortterm note in settlement of account.
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