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Burt's TVs has current liabilities of $24.2 million. Cash makes up 33 percent of the current assets and accounts receivable makes up another 13 percent
Burt's TVs has current liabilities of $24.2 million. Cash makes up 33 percent of the current assets and accounts receivable makes up another 13 percent of current assets. Burt's current ratio = 1.03 times. What is the value of inventory listed on the firm's balance sheet? (Do not round intermediate steps.) $54 m $3.24 m $7.99 m $13.46 m
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