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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)
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11 votes
11 votes
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.

User Ser Pounce
by
2.7k points

1 Answer

17 votes
17 votes

Answer:

1)decrease 2)increase

Step-by-step explanation:

Because the money come in the business

User Nathanael
by
3.1k points
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