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The Johnson Company has a current ratio of 1 . 4 5 . The company has just sold $ 6 0 0 , 0 0
The Johnson Company has a current ratio of The company has just sold $ worth
of merchandise on credit. Assuming the sales price was more than the cost of the
merchandise, what will the current ratio be after the sales on credit?
greater than
less than
unathle to determine without more information
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