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What effect would the following action have on a firm's current ratio? Assume current assets = $ 9 0 0 and current liabilities = $

What effect would the following action have on a firm's current ratio?
Assume current assets =$900 and current liabilities =$700.
Action: $100 short-term bank loan is repaid with $100 in cash
A. not change
B. decrease
D. increase
What effect would the following actions have on a firm's current ratio?
Assume current assets =$900 and current liabilities =$700.
Action: inventory is purchased with (short-term) credit
a. not change
b. decrease
c. increase
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