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The RRR Company has a target current ratio of 2.7. Presently, the current ratio is 3.7 based on current assets of $6,956,000. If RRR expands

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The RRR Company has a target current ratio of 2.7. Presently, the current ratio is 3.7 based on current assets of $6,956,000. If RRR expands its fixed assets 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.) $1,105,882 $696,296 $869,551 $1,164,494 $1,243,344 Question 15 (4 points) U KNO, Inc. uses only debt and common equity funds to finance its assets. This past year the firm's return on total assets was 25%. The firm financed 21% percent of its assets using equity. What was the firm's return on common equity? (Round your answer to two decimal places and state it in percentage form.) 70.45% 31.65% 119.05% 130.63%

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