Extensive Enterprise Inc. (Extensive) Balance Sheet Cash $1,625,000 Accounts payable $3,900,000 Accounts receivable $5,687,500 Accruals $2,437,500...

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Extensive Enterprise Inc. (Extensive) Balance Sheet Cash $1,625,000 Accounts payable $3,900,000 Accounts receivable $5,687,500 Accruals $2,437,500 Inventory $8,937,500 Notes payable $3,412,500 Total current assets $16,250,000 Total current liabilities $9,750,000 Long-term debt $20,250,000 r Total debt $30,000,000 Net plant and equipment $33,750,000 Common equity Retained earnings Total equity $6,000,000 $14,000,000 $20,000,000 Total assets $50,000,000 Total liabilities and equity $50,000,000 The value of Extensive's net working capital is . And, Extensive's current ratio is Assume that Extensive decides to purchase additional warehouse space costing $1,012,500 using long-term debt capital. Given the condition of the company noted in the balance sheet, this activity should be expected to cause Extensive's current ratio to Grade It Now Save & Continue Continue without saving Extensive Enterprise Inc. (Extensive) Balance Sheet Cash $1,625,000 Accounts payable $3,900,000 Accounts receivable $5,687,500 Accruals $2,437,500 Inventory $8,937,500 Notes payable $3,412,500 Total current assets $16,250,000 Total current liabilities $9,750,000 Long-term debt $20,250,000 r Total debt $30,000,000 Net plant and equipment $33,750,000 Common equity Retained earnings Total equity $6,000,000 $14,000,000 $20,000,000 Total assets $50,000,000 Total liabilities and equity $50,000,000 The value of Extensive's net working capital is . And, Extensive's current ratio is Assume that Extensive decides to purchase additional warehouse space costing $1,012,500 using long-term debt capital. Given the condition of the company noted in the balance sheet, this activity should be expected to cause Extensive's current ratio to Grade It Now Save & Continue Continue without saving