Liquidity Ratios Burt's TVs has current liabilities of $24.7 million. Cash makes up 38 percent of the current assets and accounts receivable makes up another 18 percent of current assets. Burt's current ratio = .98 times. What is the value of inventory listed on the firm's balance sheet? (Do not round intermediate steps.)

$9.39 m

$44 m

$10.65 m

$4.36 m