Question: Which one of the following actions will decrease the current ratio, all else constant? Assume the current ratio is greater than 1.0. a. purchasing inventory

Which one of the following actions will decrease the current ratio, all else constant? Assume the current ratio is greater than 1.0. a. purchasing inventory on credit b. paying an account payable c. collecting payment from a customer d. selling inventory at a profit in a charge sale e. selling inventory at cost in a cash sale

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