Business, 11.02.2020 19:34 victoria1831

The RRR Company has a target current ratio of 2.4. Presently, the current ratio is 3.3 based on current assets of $5,280,000. If RRR expands its fixed assets using short-term liabilities (maturities less than one year), how much additional funding can it obtain before its target current ratio is reached? (Round your answer to the nearest dollar.)a. $1,083,086b. $1,028,571c. $781,286

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The RRR Company has a target current ratio of 2.4. Presently, the current ratio is 3.3 based on curr...