Burts tvs has current liabilities of 242 million cash makes, Ask an Expert

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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 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.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92302106

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