Homework: Chapter 4 Graded Homework Save Score: 0 of 5 pts 3 of 8 (2 complete) HW Score: 25%, 10 of 40 pts Problem 4-5 (similar to) Question Help (Evaluating liquidity) The Allen Marble Company has a target current ratio of 2.9 but has experienced some difficulties financing its expanding sales in the past few months. At present the firm has current assets of $3.4 million and a current ratio of 3.4. 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.)