Compute value of inventory listed on the firm balance sheet

Reference no: EM131951198

Question: Burt's TVs has current liabilities of $24.6 million. Cash makes up 37 percent of the current assets and accounts receivable makes up another 17 percent of current assets. Burt's current ratio = .99 times. What is the value of inventory listed on the firm's balance sheet? (Do not round intermediate steps.)

Reference no: EM131951198

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