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1. 2. The Stewart Company has $1,880,500 in current assets and $827,420 in current liabilities. Its initial inventory level is $545,345, and it will raise

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The Stewart Company has $1,880,500 in current assets and $827,420 in current liabilities. Its initial inventory level is $545,345, 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. Broward Manufacturing recently reported the following information: Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 60% of its total invested capital is common equity. Calculate its basic earning power (BEP), its return on equity (ROE), and its return on invested capital (ROIC). Do not round intermediate calculations. Round your answers to two decimal places. BEP: %

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