(Solution) - Current Ratio What effect would the following actions have on -(2025 Original AI-Free Solution)

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Current Ratio What effect would the following actions have on a firm?s current ratio assume that net working capital is positive.
a. Inventory is purchased.
b. A supplier is paid.
c. A short-term bank loan is repaid.
d. A long-term debt is paid off early.
e. A customer pays off a credit account.
f. Inventory is sold at cost.
g. Inventory is sold for a profit.