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Business, 08.07.2019 23:50 jrsavala559p9969g

The nelson company has $1,456,000 in current assets and $520,000 in current liabilities. its initial inventory level is $365,000, and it will raise funds as additional notes payable and use them to increase inventory. how much can nelson's short-term debt (notes payable) increase without pushing its current ratio below 2.0? do not round intermediate calculations. round your answer to the nearest dollar. $ what will be the firm's quick ratio after nelson has raised the maximum amount of short-term funds? do not round intermediate calculations. round your answer to two decimal places.

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The nelson company has $1,456,000 in current assets and $520,000 in current liabilities. its initial...
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