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The RRR Company has a target current ratio of 2.1. Presently, the current ratio is 3 based on current assets of $9,360,000. If RRR expands
The RRR Company has a target current ratio of 2.1. Presently, the current ratio is 3 based on current assets of $9,360,000. If RRR expands its inventory using short- term liabilities (maturities less than one year), how much additional funding can it obtain before its target current ratio is reached? $2,688,022 $1,337,143 $1,851,335 $2,552,727 $2,870,031
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