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The Johnson Company has a current ratio of 1.45. If the company purchases inventory for $600,000 using cash, what will the current ratio be immediately

The Johnson Company has a current ratio of 1.45. If the company purchases inventory for $600,000 using cash, what will the current ratio be immediately after this purchase?

	a.	greater than 1.45
	b.	less than 1.45
	c.	not enough information to answer question
	d.	equal to 1.45

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