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The Stewart Company has $925,500 in current assets and $416,475 in current liabilities. Its initial inventory leve is $212,865, and it will raise funds as

image text in transcribed The Stewart Company has $925,500 in current assets and $416,475 in current liabilities. Its initial inventory leve is $212,865, and it will raise funds as additional notes payable and use them to increase inventory. How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0? Round your answer to the nearest dollar

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