Question: Please answer in excel. a-g 3.1 Current Ratio. What effect would the following actions have on a firm's current ratio? Assume that net working capital

Please answer in excel. a-g 3.1 Current Ratio. What effect would the Please answer in excel. a-g

3.1 Current Ratio. 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. 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. LO 3.2

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