# Question: the rrr company has a target current ratio of 2...

###### Question details

The RRR Company has a target current ratio of 2. Presently, the current ratio is 2.9 based on current assets of $7,743,000. If RRR expands its fixed assets using short-term liabilities (maturities less than one year), how much additional funding can it obtain before its target current ratio is reached? (Round your answer to the nearest dollar.)