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TXM Inc. has $ 1 0 , 0 0 0 in current liabilities and $ 2 8 , 0 0 0 in current assets. Its
TXM Inc. has $ in current liabilities and $ in current assets. Its initial
inventory level is $; and it will rise funds as additional notes payable and use
them to increase inventory. TXMs wants to rise the maximum amount of funds in
the form of shortterm debt, notes payable that will make its current ratio be exactly
What will be the firm's quick ratio after TXMs has raised the maximum amount of
shortterm funds? For your answer, round to the nearest
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