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The Johnson Company has a current ratio of 1.45. The company has just sold $600,000 worth of merchandise on credit. What will the current ratio

The Johnson Company has a current ratio of 1.45. The company has just sold $600,000 worth of merchandise on credit. What will the current ratio be after the sales on credit?

	a.	unable to determine without more information
	b.	1.45
	c.	greater than 1.45
	d.	less than 1.45

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