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please explain with detail. QUESTION 2 The Bottled Lightning Corporation wants to increase its inventory levels in order to reduce its order fulfillment times. The
please explain with detail.
QUESTION 2 The Bottled Lightning Corporation wants to increase its inventory levels in order to reduce its order fulfillment times. The company has $1,750,000 in current assets and $775,000 in current liabilities. Its initial inventory level is $650,000, and it will raise funds as additional notes payable and use them to increase inventory. Bottled Lightning low 1.35. How much can the company allow short-term debt (notes payable) increase inventory? What will be the firm's current ratio after it has raised the maximum short-term funds? Round your answers to two decimal places. Do not include S signs or commas, Short-Term Debt Increase New Current Assets New Current Liabilities New Inventory New Current Ratio Step by Step Solution
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