" 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 inventory turnover ratio to the industry average, which is 5, without reducing its sales. Any reductions in inventory will 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?