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(Liquidity analysis) - Witchem Marble Company has a target current ratio of 2.1 but has experienced some difficulties financing its expanding sales in the past

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(Liquidity analysis) - Witchem Marble Company has a target current ratio of 2.1 but has experienced some difficulties financing its expanding sales in the past few months At prest firm has a current ratio of 2.6 and current assets of $2.86 milion. If Mitchern expands its recelvables and inventories using its shurtterit line of credit, how much ruditional short-term funding can it borrow before its current ratio standard is reached? The additional amount of receivables and inventories (short-term debt) is 5 million. (Round to two decinsal places.)

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