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Airspot Motors, Inc. has $ 2 comma 246 comma 400$2,246,400 in current assets and $ 864 comma 000$864,000 in current liabilities. The company's managers want
Airspot Motors, Inc. has
$ 2 comma 246 comma 400$2,246,400
in current assets and
$ 864 comma 000$864,000
in current liabilities. The company's managers want to increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below
2.12.1
(assuming all other current assets and current liabilities remain constant)?
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