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Question 6 Current Assets are $ 2 0 , 4 0 0 , 0 0 0 and Current Liabilities are $ 8 , 0 0

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Question 6
Current Assets are $20,400,000 and Current Liabilities are $8,000,000. The company wants to increase its Inventory, and
finance the increase with Accounts Payable. How much of this can the company do without the Current Ratio falling
below 2.0?
$3,700,000
$6,200,000
$5,100,000
$4,400,000
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