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Liquidity Ratios Burt's TVs has current liabilities of $25.4 million. Cash makes up 44 percent of the current assets and accounts receivable makes up another
Liquidity Ratios Burt's TVs has current liabilities of $25.4 million. Cash makes up 44 percent of the current assets and accounts receivable makes up another 24 percent of current assets. Burt's current ratio = .89 times. What is the value of inventory listed on the firm's balance sheet?
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