Question: Eds Drive - In had $ 1 7 5 , 0 0 0 of current assets and $ 8 0 , 0 0 0 of

Eds Drive-In had $175,000 of current assets and $80,000 of current liabilities before borrowing $60,000 from the bank with a 3 monath note payabie. what effect $4 the borrowing transaction have on Eds Drive-in's current ratio?
The ratio remained unchanged.
The change in the current ratio cannot be determined.
The ratio decreased.
The ratio increased
Eds Drive - In had $ 1 7 5 , 0 0 0 of current

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