The Nelson Company has $1207500 in current assets and $525000 in current liabili

The Nelson Company has $1207500 in current assets and $525000 in current liabilities. Its initial inventory level is $315000 and it will raise funds as additional notes payable and use them to increase inventory.How much can Nelsons short-term debt (notes payable) increase without pushing its current ratio below 1.8? Round your answer to the nearest cent.$What will be the firms quick ratio after Nelson has raised the maximum amount of short-term funds? Round your answer to two decimal places.