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(Liquidity Analysis) Airspot motors inc has $2,394,000 in current assets and $855,000 in current liabilities. The companys managers want to increase the firms inventory, which
(Liquidity Analysis) Airspot motors inc has $2,394,000 in current assets and $855,000 in current liabilities. The companys managers want to increase the firms inventory, which will be financed using short term debt. How much can the firm increase its inventory without its current ratio falling below 2.1. (Assuming all other current assets and current liabilities remain constant)? this is all the information given to me!
airpot motors inc could add up to $___ in inventories
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