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Given the financial statements and ratios for Johnson and Johnson at the end of 2019 as given above. If the following transaction was added to

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Given the financial statements and ratios for Johnson and Johnson at the end of 2019 as given above. If the following transaction was added to the 2019 financial statements at the end of 2019 , consider the impact on the indicated ratio. Johnson and Johnson sold inventory that cost 200 (in millions) for $600 to customers on credit. The quick ratio would: Increase Decrease Stay the same

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