You're the CFO of X Co. X has long-term debt. A covenant in the debt agreement stipulates that X must maintain a current ratio [current assets / current liabilities] that is at least 2.0. As a balance sheet date approaches, you obtain an interim partial balance sheet that shows the following CURRENT ASSETS CURRENT LIABILITIES CASH $ 5,000,000 A/P 4,000,000 A/R 2,000,000 OTHER 2,000,000 INVENTORY 3,000,000 TOTAL C/A $ 10,000,000 S 6,000,000 CURRENT RATIO: 1.67DOOFUS COMPANY Two One Years gear This ago ago gear INVENTORY .. 65,043 72,543 67,101 PURCHASES 471,734 444.234 490,102 536,777 516,777 557,203 COST OF SALES 464,234 449,676 465,695 INVENTORYeog 72.543 67,101 71,508 536,777 516,777 537,203 VOUCHERS PAYABLEL-. 25,114 29,785 30,671 PURCHASES 471,734 444,234 490,102 496,848 474,019 520,773 CASH DISBURSEMENTS 467,063 443,347 488,250 VOUCHERS PAYABLE... 29,785 30.671 32.524 496,848 474,019 520,773 SALES 592,312 598,235 604.2171-STANDARD DEVIATION LIMITS Two One Standard HIGH, Years gear This deviation LOWER UPPER LOW ago ago gear Average LIMIT LIMIT or OK? PURICO 1.010 1.002 1.004 1.006 0.0057 1.000 1.012 PUR/INVe 6.503 6.620 6.854 6.562 0.0832 6.478 6.645 PURICOS 1.016 0.988 1.052 1.002 0 0200 0.982 1.022 COSINVe 6.399 6.702 6.512 6.550 0.2136 6.337 6.764 YPelCO 0.064 0.069 0.067 0.066 0.0038 0.063 0.070 COSICO 0.994 1.014 0.954 1.004 D.0144 0.990 1.018 COSISALES 0.784 0.752 0.771 0.768 0.0227 0.745 0.790