LeBron's Kids Camps has a current ratio of 0.75 to 1,based on current assets of $3 million and current liabilities of $4 million.How,if at all,will a $500,000 cash purchase of inventory affect the current ratio? How,if at all,will a $500,000 purchase of inventory on account affect the current ratio?

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The Answer of LeBron's Kids Camps has a current ratio of 0.75 to 1,based on current assets of $3 million and current liabilities of $4 million.How,if at all,will a $500,000 cash purchase of inventory affect the current ratio? How,if at all,will a $500,000 purchase of inventory on account affect the current ratio?

LeBron's Kids Camps Has a Current Ratio of 0