Maximum amount of short term commercial loan

Reference no: EM13147285

A company's policy is to maintain a current ratio of at least 2:1. At present, its current ratio is 2.5:1. If current liabilities at present amounts to 250000 pesos, what is the maximum amount of short term commercial loan that can be obtained by the firm to finance inventory expansion without violating its current policy?

Reference no: EM13147285

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