Question: Use + to indicate an increase, - to indicate a decrease, and 0 to indicate no effect. Assume an initial current ratio of more than

Use + to indicate an increase, - to indicate a decrease,

Use + to indicate an increase, - to indicate a decrease, and 0 to indicate no effect. Assume an initial current ratio of more than 1 to 1. What is the effect on current ratio if inventories are sold above the cost

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