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The value of Praxis s net working capital is . And, Praxis s current ratio is . Assume that Praxis Corporation decides to acquire an

The value of Praxiss net working capital is . And, Praxiss current ratio is .
Assume that Praxis Corporation decides to acquire an additional $2,125,000 in inventories and pay using its accounts payable. Given the condition of the company noted in the balance sheet, this activity should be expected to cause Praxiss current ratio to .

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