Business, 26.06.2019 20:20, josueur9656

The stewart company has $2,392,500 in current assets and $1,076,625 in current liabilities. its initial inventory level is $526,350, and it will raise funds as additional notes payable and use them to increase inventory. how much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0?

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The stewart company has $2,392,500 in current assets and $1,076,625 in current liabilities. its init...