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asap plz q4 Current and Quick Ratios The Nelson Company has $1,650,000 in current assets and $550,000 in current liabilities. Its initial inventory level is
asap plz q4
Current and Quick Ratios The Nelson Company has $1,650,000 in current assets and $550,000 in current liabilities. Its initial inventory level is 5:180,000, and it will use hind a detonal note payable and use them to increase inventory. How much can Nelson's short-term debt (notes payable increase without pushing its current ratio below. Do not und intermediate calculations. Round your answer to the nearest dollar 5 What will be the firm's quick ratio after Nelson has raised the maximum amount of short-term funda? Do not found intermediate calculation Gound your uswert decimal places VA V Step by Step Solution
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