Question: 1 A company's current ratio is 2.0. What effect will the company purchasing inventory on credit have? The current ratio will decrease. The current ratio

1 A company's current ratio is 2.0. What effect will the company purchasing inventory on credit have? The current ratio will decrease. The current ratio will change but the quick ratio will not. There will be no net impact on the current ratio. The current ratio will increase. 1 pts

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