2A.1 What effect would the following actions have on a firm's current ratio? Assume that...
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2A.1 What effect would the following actions have on a firm's current ratio? Assume that net working capital is positive. a. Inventory is purchased for cash b. A supplier is paid. c. A bank loan is repaid. d. A long-term debt matures and is paid. e. A customer pays off an account. Inventory is sold
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