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The Stewart Company has $2,049,500 in current assets and $758,315 in current liabilities. Its initial...

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Accounting

The Stewart Company has $2,049,500 in current assets and $758,315 in current liabilities. Its initial inventory level is $512,375, and it will raise funds as additional notes payable and use them to increase inventory. How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0? Round your answer to the nearest dollar.

____$

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