Which one of the following events does not have any impact on total working capital? A cash dividend to be paid next month is declared. Warranty expense is accrued. Salaries previously accrued are paid. Debt which was previously long-term matures next year. Question 12 If the current ratio is currently greater than 1.0,which one of the following events would increase the current ratio? Purchase of inventory on account Receipt of money from a customer prior to the performance of service Accrual of warranty expense Sale of plant asset at again