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ABC Expert Consulting Corp. has current liabilities of $18 million. Cash makes up 16 percent of current assets, and accounts receivable makes up another 50

ABC Expert Consulting Corp. has current liabilities of $18 million. Cash makes up 16 percent of current assets, and accounts receivable makes up another 50 percent of current assets. The corporation's current ratio is 2.8 times. What's the value of inventory listed on the firm's balance sheet?

A. $15.4 million
B. $23.4 million
C. $17.1 million
D. $18.8 million

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