219k views
8 votes
A company has $1,500,000 in current assets and $500,000 in current liabilities. The company's current inventory level is $250,000, and it plans to issue short-term debt to increase inventory. What is the largest amount of short-term debt the company may issue to increase inventory without dropping the current ratio below 2.0

User Dharmit
by
5.8k points

1 Answer

12 votes

Answer:

Sorry I didn't know plsssss

User Capfer
by
6.1k points