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The current ratio ( assets / liabilities ) of company X is 2 . 9 . Given that the current assets are $ 2 6

The current ratio (assets/liabilities) of company X is 2.9. Given that the current assets are $261000, find the current liabilities: 
 
Current liabilities =
(do not include the dollar sign)
The board of directors determines that the current ratio must never be below 2.6. What is the maximum amount that the company can borrow?

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