Question: 1 . Calculate the current ratio at June 3 0 , 2 0 1 9 , and December 3 1 , 2 0 1 8

1. Calculate the current ratio at June 30,2019, and December 31,2018.
2-a. Did the companys current ratio increase or decrease?
2-b. What does this imply about the companys ability to pay its current liabilities as they come due?
3-a. What would Nguyen Sports current ratio have been on June 30,2019, if the company were to have paid down $10(million) of its Accounts Payable?
3-b. Does paying down Accounts Payable in this case increase or decrease the current ratio?

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