What is the firm balance of current assets

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Reference no: EM131851646

You have the following information on Els’ Putters, Inc.: sales to working capital is 4.7 times, profit margin is 25 percent, net income available to common stockholders is $6.50 million, and current liabilities are $6.1 million.

What is the firm’s balance of current assets? (Enter your answer in millions of dollars rounded to 2 decimal places.)

Reference no: EM131851646

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