Take Test Chapter 4 Homework Test information They Thisted Question . 2006 500 The TidCA HO D. . 21100 DU ROLL IL x assets Coulon bit) 280,000 Total assets $490,000 Total liab and equity $190.000 Sales $280,000 Net income 21.000 The new Cho thinks that investories are excessive and could be lowered sufficiently to cause the current ratio to equal the industry averag, 3.00, without affect the funds generated are used to buy back common stock at book value, by how much would the Roel change? Do not round your intermediate calculations O a 9.99% 6.9.26% 9.8.80% Type here to search i DOLL M to equal the industry average, 3.00 without affecting either sales or net income Assunangtuat investories are sold off and not replaced to get the current ratio to the targeten Do not found your intermediate calculations TAM 105/22 2012 mos 200.000 Others Total 2000 Total CA Not found $164.000 126,000 Long term del 100.000 250.000 Totalt 50000 Tocallis ad quity Sales $250.000 Netice 21.000 The amotta enlaatthaani the funds preceded to buy back como os book with Destroy 2.999 06.9.2016 OC3804 Od 09.17 Moving to another questions Type here to watch B: DELL