Question: Brief Exercise 12-9 Understand the current ratio (LO12-3) 7 Dungy Training Company has a current ratio of 0.95 to 1. based on current assets of

 Brief Exercise 12-9 Understand the current ratio (LO12-3) 7 Dungy Training

Brief Exercise 12-9 Understand the current ratio (LO12-3) 7 Dungy Training Company has a current ratio of 0.95 to 1. based on current assets of $6,84 million and current liabilities of $7.20 million 0.74 points 1. How, if at all, will a $900,000 cash purchase of inventory affect the current ratio? 3 The content will 02:40:40 Book ASE bor puber 2. How, if at all, will a $900,000 purchase of inventory on account affect the current ratio? Heferences The current ratio wil

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