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New Inc. is a battery manufacturing firm. It has cash of $50,000, accounts receivable of $520,000 and inventory of $175,000. The company has no other

New Inc. is a battery manufacturing firm. It has cash of $50,000, accounts receivable of $520,000 and inventory of $175,000. The company has no other current assets. The company has accounts payable of $80,000 and short-term debt of $125,000. It has no other current liabilities. The company is going to borrow some money and buy some additional inventory. The company does not want its current ratio to be lower than 2.7. What is the amount of additional money the company can borrow?

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