Question: Using Financial Ratios 4 - 4 . ( Analyzing liquidity ) ( Related to Checkpoint 4 . 1 on page 1 1 9 ) Apex

Using Financial Ratios
4-4.(Analyzing liquidity)(Related to Checkpoint 4.1 on page 119) Apex Fabricating, Inc., manufactures fenders and other after-fnarket body panels for older automobiles. At the close of last year, the firm Had $10,381,800 in current assets and $4,152,720 in current liabilities. The company's managers want to increase its inventory, which will be financed using short-term debt. How much can the firm increase its inventory, financing it with short-term borrowing, without its current ratio falling below 2.0(assuming all other current assets and current liabilities remain constant)?
 Using Financial Ratios 4-4.(Analyzing liquidity)(Related to Checkpoint 4.1 on page 119)

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