Chapter 3, Problem 3.21E

Question 4 Waterfront Inc. wishes to borrow on a short-term basis without reducing its current ratio below 1.25. At present its current assets and current liabilities are $1,600 and $1,000 respectively. How much can Waterfront Inc. borrow? (5 marks)

discus extensivery source of bussines finances  requaments  not less than 4 pages font size 12 spacing 1.5 roman times references must be less thhan 5

Calculate stricklers cash conversion cycle?