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How much in current liabilities should office depot pay off

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Question - The top management of The Office Depot, Inc., examines company accounting records at January 24, one week before the end of the fiscal year (amounts in billions):

Total current assets............................................................ $13.3

Noncurrent assets............................................................. 21.1/$34.4

Total current liabilities....................................................... $9.6

Noncurrent liabilities......................................................... 12.8

Owners' equity................................................................ 12.0/$34.4

Suppose Office Depot's top management wants to achieve a current ratio of 1.5. How much in current liabilities should Office Depot pay off within the next week to achieve its goal?

Reference no: EM131929493

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