Question: 9. Problem 7-09 (Current and Quick Ratios) Current and Quick Ratios (notes payable) increase without pushing its current ratio below 1.8 ? Do not round

9. Problem 7-09 (Current and Quick Ratios) Current and Quick Ratios

9. Problem 7-09 (Current and Quick Ratios) Current and Quick Ratios (notes payable) increase without pushing its current ratio below 1.8 ? Do not round intermediate calculations. Round your answer to the nearest dollar. $ What will be the firm's quick ratio after Nelson has raised the maximum amount of short-term funds? Do not round intermediate calculations. Round your answer to two decimal places

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