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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 1.45. The company has just sold $600,000 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 1.45
1.15
less than 1.45
unathle to determine without more information
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