Question: b. Ms Cadesha Wright Company has a target current ratio of 2.0 but has experienced some difficulties in financing its expanding sales in the past

b. Ms Cadesha Wright Company has a target current ratio of 2.0 but has experienced some difficulties in financing its expanding sales in the past few months. The firm has a current ratio of 2.5 with current assets of $2.5 million. If Cadesha expands its receivables and inventories using its short-term line of credit, how much additional short-term funding can it borrow before its current ratio standard is reached?

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