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The RRR Company has a target current ratio of 2.4. Presently, the current ratio is 3.3 based on current assets of $6,567,000. If RRR expands

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The RRR Company has a target current ratio of 2.4. Presently, the current ratio is 3.3 based on current assets of $6,567,000. 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? (Round your answer to the nearest dollar.) $971,724 $746,250 $1,279,286 $1,347,088 $1,438,301 Use the information below to calculate the firm's return on common equity. (State your answer as a percentage with two decimal places.) Net profit margin = 12.70%; Debt ratio = 59.41%; Fixed asset turnover = 5.67; Total asset turnover = 2.50; Inventory turnover = 16.72. 29.69% 31.75% 52.66% 24.54% 78.22%

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