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What is the effect on the current ratio of inventory

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Question - What is the effect on the current ratio of 1) inventory purchased for cash, and 2) equipment purchased for cash?

a. 1) decrease; 2) increase.

b. 1) decrease; 2) decrease.

c. 1) decrease; 2) no effect.

d. 1) no effect; 2) no effect.

e. 1) no effect; 2) decrease.

Reference no: EM132621744

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