Nord company had 375000 of current assets and 150000 of
Nord Company had $375,000 of current assets and $150,000 of current liabilities before borrowing $70,000 from the bank with a 3-month note payable. What effect did the borrowing transaction have on Nord Company's current ratio?
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nord company had 375000 of current assets and 150000 of current liabilities before borrowing 70000 from the bank with a
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