Aylward Inc. currently has $2,175,000 in current assets and $839,000 in current liabilities. The company's...
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Aylward Inc. currently has $2,175,000 in current assets and $839,000 in current liabilities. The company's managers want to increase the firm's inventory, which will be financed by a short-term note with the bank. What level of inventories can the firm carry without its current ratio falling below 2.12.1? The cost of the additional inventory financed with the short-term note is -----(Round to the nearest dollar.)
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