Business, 06.09.2021 14:40, sheiladenson3619

B 4. What is the effect on the current ratio of 1) inventory purchased for cash, and 2) equipment
purchased for cash?
1) decrease; 2) increase.
1) decrease; 2) decrease.
1) decrease; 2) no effect.
d. 1) no effect; 2) no effect.
1) no effect; 2) decrease.

Answers: 1

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B 4. What is the effect on the current ratio of 1) inventory purchased for cash, and 2) equipment<...