6. The RRR Company has a target current ratio of 3.2. Presently, the current ratio is 4.4 based on current assets of $6,556,000. If RRR expands its inventory using short- term liabilities (maturities less than one year), how much additional funding can it obtain before its target current ratio is reached? a. $855,802 b. $558,750 C. $666,182 d. $812,727 e. $913,749 Use the following information to answer questions 7 and 8. Balance Sheets Cash 960,000 Ace receivable Inventories 1,440,000 Fixed assets 4,800,000 TOTAL ASSETS 8,000,000 Current liabilities Acc payable Long-term debt 3,200,000 Common stock 640,000 Retained earnings 3,160,000 TOTAL LIAB and EQUITY 8,000,000 Income Statement Sales 24,000,000 Operating expense 18,240,000 EBIT 5,760,000 Interest expense 416,000 EBT 5,344,000 Taxes 2,138,000 Net income 3,206,000 7. What is the firm's debt ratio? a. 87.50% b. 40.00% C. 47.50% d. 52.50% e. 92.00% 8. What is the firm's return on equity? a. 40.08% b. 500.94% C. 101.46% d. 84.37% e. 45.80%