Taylor Construction Inc, has a current ratio of $2,0$ and total cur rent assets worth $$12$ million. The management wants to take on a new housing proj ect in North Carolina, which will increase its inventory by $$4$ million. This increase in inventory will be met by obtaining short$-$term borrowing from the bank. The board of directors has warned the management that it will not accept any proposal that de creases the current ratio such that it is less than or equal to $1\mathrm{.}5.$ Will the board accept or reject the new project based on current ratio criterion?