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(Analyzing liquidity) (Related to Checkpoint 4.1 on page 119) Apex Fabricating, Inc., manufactures fenders and other after-market body panels for older auto- mobiles. At the

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(Analyzing liquidity) (Related to Checkpoint 4.1 on page 119) Apex Fabricating, Inc., manufactures fenders and other after-market body panels for older auto- mobiles. At the close of last year, the firm had $10,381,800 in current assets and $4,152,720 in current liabilities. The company's managers want to increase its inventory, which will be financed using short-term debt. How much can the firm increase its inventory, Financing it with short-term borrowing, without its current ratio falling below 2.0 (assuming all other current assets and current liabilities remain constant)? Questions: 1. How does The Allegory of the Cave illustrate Plato's view of the physical world? A. 4-4. (Analyzing liquidity) (Related to Checkpoint 4.1 on page 119) Apex Fabricating Inc., manufactures fenders and other after-market body panels for older auto- mobiles. At the close of last year, the firm had $10,381,800 in current assets and $4,152,720 in current liabilities. The company's managers want to increase its inventory, which will be financed using short-term debt. How much can the firm increase its inventory, financing it with short-term borrowing, without its current ratio falling below 2.0 (assuming all other current assets and current liabilities remain constant)

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