Question: 5.9. Determine the effect on the current ratio, the quick ratio, net working capital (current assets less current liabilities), and the debt ratio (total liabilities

5.9. Determine the effect on the current ratio, the quick ratio,

5.9. Determine the effect on the current ratio, the quick ratio, net working capital (current assets less current liabilities), and the debt ratio (total liabilities to total assets) of each of the following transactions. Consider each transaction separately and assume that prior The company uses an allowance for do 2X, the quick ratio is 1X, and the debt ratio is 50%. Use I for increase, D for decrease, and doubtful accounts

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