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Business, 18.09.2019 23:30 darkremnant14

Bso, inc, has current assets of $1,000,000 and current liabilities of $500,000, resulting in a current ratio of 2.0.calculate the current ratio and determine whether it will increase, decrease, or remain the same. a. purchased $20,000 of supplies on credit. b. paid accounts payable in the amount of $50,000.c. recorded $100,000 of cash contributed by a stockholder. d. borrowed $250,000 from a local bank, to be repaid in 90 days.

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Bso, inc, has current assets of $1,000,000 and current liabilities of $500,000, resulting in a curre...
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