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( Evaluating liquidity ) The Allen Marble Company has a target current ratio of 2.0 but has experienced some difficulties financing its expanding sales in

(Evaluating liquidity)

The Allen Marble Company has a target current ratio of 2.0 but has experienced some difficulties financing its expanding sales in the past few months. At present the firm has current assets of $2.7 million and a current ratio of 2.7 If Allen expands its receivables and inventories using its short-term line of credit, how much additional short-term funding can it borrow before its current ratio standard is reached?

The addition to current assets is ?

(Round to the nearest dollar.)

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