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Liquidity Ratios You have the following information on Marco's Polo Shop: total liabilities and equity = $209 million; current liabilities = $49 million, inventory =

Liquidity Ratios You have the following information on Marco's Polo Shop: total liabilities and equity = $209 million; current liabilities = $49 million, inventory = $64 million, and quick ratio = 2.8 times. Using this information, what is the balance for fixed assets on Marco Polo's balance sheet?

$29.8 m

$96 m

$71.8 m

$7.8 m

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