Question: 15. Problem 4.19 (Current Ratio) eBook Problem Walk Through The Stewart Company has $2,477,500 in current assets and $941,450 in current liabilities. Its initial inventory

15. Problem 4.19 (Current Ratio) eBook Problem Walk Through The Stewart Company has $2,477,500 in current assets and $941,450 in current liabilities. Its initial inventory level is $718,475, 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 2.07 Round your answer to the nearest dollar 5 Grade it Now Save & Continue Continue without saving

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