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What effect would the following actions have on a firm's current ratio? Assume that net working capital is positive. a. Inventory is purchased. e.A customer

What effect would the following actions have on a firm's current ratio? Assume that net working capital is positive.

a. Inventory is purchased. e.A customer pays off a credit account

b. A supplier is paid. f. Inventory is sold at cost.

c. A short-term bank loan is repaid. g. Inventory is sold for a profit.

d. A long-term debt is paid off early.

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