Click here to read the book: Liquidity Rates CURRENT RATIO The Stewart Company has $1,309,000 in current assets and $10,510 in current liabilities, its initiat inventory level 287,000, and it will raise funds as additional notes wable and use them to increase inventory. How much can its short-term debt (notes payabi) increase without pushing its current ratio below 2.07 Round your answer to the nearest cont. 5 Click here to read the eBook: Asset Management Ratios Problem Walk-Through DSO AND ACCOUNTS RECEIVABLE Ingraham Inc. currently has $605,000 in accounts receivable, and its days sales outstanding (OS) is 52 days. It wants to reduce its so te 25 days by pressuring more of its customers to pay their bills on time. If this policy is adopted, the company's average sales will fall by 10%. What wil be the level of accounts receivable following the change? Assume a 365-day year. Do not round Intermediate calculations. Round your answer to the nearest cent. $