Question: Decrease in inventory $425 Decrease in accounts payable 230 Increase in notes payable 280 Increase in accounts receivable 290 2. What effect would the following

 Decrease in inventory $425 Decrease in accounts payable 230 Increase in

Decrease in inventory $425 Decrease in accounts payable 230 Increase in notes payable 280 Increase in accounts receivable 290 2. What effect would the following actions have on a firm's current ratio? Assume that net working capital is positive. A. Inventory is purchased. B. A supplier is paid. C. A short-term bank loan is repaid. ET D. A long-term debt is paid off early. E. A customer pays off a credit account. F. Inventory is sold at cost. G. Inventory is sold for a profit

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