ABC Corporation has the following financial data:

1. Current assets of $1,200,000,

2. Current ratio is 120%

3. Quick ratio is 70% , and

4. Inventory turnover ratio is 4 times

The company would like to increase its inventary turnover ratio to the industry average which is 5, without reducing its sales. Any reductions in inventory be used to reduce the company's current liabilities.

What will be the company's current ratio , assuming that it is successful in improving its inventory turnover ratio to 5?