Please answer all and show work!

Lloyd Inc. has sales of $450,000, a net income of $45,000, and the following balance sheet: The new owner thinks that inventories are excessive and can be lowered to the point where the current ratio is equal to the industry average, 1.75x, without affecting sales or net income. If inventories are sold and not replaced (thus reducing the current ratio to 1.75x ); if the funds generated are used to reduce common equity (stock can be repurchased at book value); and if no other changes occur, by how much will the ROE change? Do not round intermediate calculations. Round your answer to two decimal places. % What will be the firm's new quick ratio? Do not round intermediate calculations. Round your answer to two decimal places. x Ingraham Inc. currently has $755,000 in accounts receivable, and its days sales outstanding (DSO) is 41 days. It wants to reduce its DSO to 25 days by accounts receivable following the change? Assume a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. \$ The Stewart Company has $2,490,000 in current assets and $1,095,600 in current liabilities. Its initial inventory level is $747,000, 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 2.0 ? Round your answer to the nearest dollar. $