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The Johnson Company has a current ratio of 0.69. If the company purchases inventory for $600,000 using accounts payable with terms net 90 days, what

The Johnson Company has a current ratio of 0.69. If the company purchases inventory for $600,000 using accounts payable with terms net 90 days, what will the current ratio be immediately after this purchase?

	a.	equal to 0.69
	b.	not enough information to answer question
	c.	greater than 0.69
	d.	less than 0.69

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