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How much additional short-term financing should LL raise

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Question - LL Corporation has $500,000 of permanent current assets and $100,000 of zero-cost payables. How much additional short-term financing should LL raise if it wants to target a current ratio of 2.0?

a) $150,000.

b) $250,000.

c) $200,000

d) $ 50,000.

Reference no: EM133092173

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