Alpha Enterprise has total current assets of $2,000,000 and total current liabilities of $800,000.If the company purchases $100,000 of inventory on account,while none of its other assets and liabilities change,its current ratio will ________.
A) increase
B) decrease
C) stay the same
D) The answer cannot be determined from the information given.
Correct Answer:
Verified
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A)a
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