Question: Which of the following actions will decrease the current ratio, all else constant. Assume the current ratio is greater than 1 . 0 . Credit

Which of the following actions will decrease the current ratio, all else constant. Assume the current ratio is greater than 1.0.
Credit purchase of inventory at cost
Cash payment of an account payable
Cash payment of an account receivable
Cash purchase of inventory
Which of the following actions will decrease the current ratio, all

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