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Hindelang Corporation has 1,312,500 in current assets and 525,000 incurrr-liabilities. Its initial inventory level is 375,000, and it.1 raise funds through additional notes payable and

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Hindelang Corporation has 1,312,500 in current assets and 525,000 incurrr-liabilities. Its initial inventory level is 375,000, and it.1 raise funds through additional notes payable and use them to increase inventory. How much can Hindelang's short-term debt (notes payable) increase without pushing its currenr ratio below 2.0? What will be the firm's quick ratio after Hindelang has raised the maximum amount of short-term funds

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