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( Related to Checkpoint 4 . 1 ) ( Analyzing liquidity ) Apex Fabricating, Inc., manufactures fenders and other after - market body panels for

(Related to Checkpoint 4.1)(Analyzing liquidity) Apex Fabricating, Inc., manufactures fenders and other after-market body panels for older automobiles. At the close of last year, the firm had $10,381,800 in current assets and $4,152,720 in current liabilities. The company's managers want to increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 2.0(assuming all other current assets and current liabilities remain constant)?
Apex Fabricating, Inc. could add up to $ in inventories. (Round to the nearest dollar.)
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