How much can nelsons shortterm debt notes payable increase

Reference no: EM13393182

The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $375,000, and it will raise funds as additional notes payable and use them to increase inventory. How much can Nelson's shortterm debt (notes payable) increase without pushing its current ratio below 2.0? What will be the firm's quick ratio after Nelson has raised the maximum amount of short-term funds?

Reference no: EM13393182

Questions Cloud

Explain why chartsgraphs are important in conveying : american intellectual union aiu has assembled a team of researchers in the united states and around the world to study

After reading your report as well as comments by others on : after reading your report as well as comments by others on the teams the genesis team began to understand the

Make a health organization disaster planning and response : in a powerpoint presentation of 10-15 slides with 200-250 words of speaker notes per slide complete the following 1

When the genesis and sensible essential teams held their : when the genesis and sensible essential teams held their weekly meeting the time value of money and its applicability

How much can nelsons shortterm debt notes payable increase : the nelson company has 1312500 in current assets and 525000 in current liabilities. its initial inventory level is

Write down the activities that they do under tpm programs : identify two companies in unrelated industries that use tpm approaches to ensure reliability in the products or

Graph communitys demand curve for cheesecakes assuming that : after her great success making pies with johnny depp in sweeney todd your friend helen b. carter has opened a

Discuss the essential features of the allowance method of : what are the essential features of the allowance method of accounting for bad

A find oput which project might be implemented and : write an email response in which you address the following pointsa determine which project might be implemented and why

User Account

All Pages