Question: Brashear Inc currently has 2 145 000 in current assets and
Brashear Inc. currently has $ 2,145,000 in current assets and $ 858,000 in current liabilities. The company’s managers want to increase the firm’s inventory, which will be financed by a short- term note with the bank. What level of inventories can the firm carry without its current ratio falling below 2.0?
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