Question: Q Search this course Week 2 Practice 0x Back to Assignment Attempts 5. Problem 4.19 (Current Ratio) A-Z gine P eBook Problem Walk-Through The Stewart

 Q Search this course Week 2 Practice 0x Back to Assignment

Q Search this course Week 2 Practice 0x Back to Assignment Attempts 5. Problem 4.19 (Current Ratio) A-Z gine P eBook Problem Walk-Through The Stewart Company has $1,076,500 in current assets and $473,660 in current liabilities. Its initial inventory level is $215,300, 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 Grade it Now Save & Continue Continue without saving Do No Harm/1 w - O

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