(Evaluating liquidity) Aylward Inc. currently has $2,172,000 in current assets and $836,000 in current liabilities. The...
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(Evaluating liquidity) Aylward Inc. currently has $2,172,000 in current assets and $836,000 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 2.1? The cost of the additional inventory financed with the short-term note is $ (Round to the nearest dollar.) (Evaluating liquidity) Aylward Inc. currently has $2,172,000 in current assets and $836,000 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 2.1? The cost of the additional inventory financed with the short-term note is $ (Round to the nearest dollar.)
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Related Book For
Foundations Of Finance
ISBN: 9780134083285
9th Edition
Authors: Arthur J. Keown, John H. Martin, J. William Petty
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