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A company with $25 million of permanent current assets has $4 million of low-cost current financing opportunities. How much additional short-term financing should it raise

A company with $25 million of permanent current assets has $4 million of low-cost current financing opportunities. How much additional short-term financing should it raise if its target current ratio is:

a. 1.8?

b. 2.0?

c. 2.4?

d. 2.8?

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