A companyrsquos current assets of 2145000 and current, Ask an Expert

Finance

A company’s current assets of $2,145,000 and current liabilities of $858,000. The company wants to increase its inventory, and to finance that increase with a short-term note. What is the company’s current ratio before the increase? By how much can the company increase investors without its current ratio falling below 2.0x? Show step by step how to solve including what formulas to use on excel.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92870226

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