Liquidity Ratios Burt's TVs has current liabilities of $25 million.Cash makes up 40 percent of the current assets and accounts receivable makes up another 20 percent of current assets.Burt's current ratio = 0.85 times.What is the value of inventory listed on the firm's balance sheet?
A)$4.25m
B)$8.5m
C)$10m
D)$40m

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The Answer of Liquidity Ratios Burt's TVs has current liabilities of $25 million.Cash makes up 40 percent of the current assets and accounts receivable makes up another 20 percent of current assets.Burt's current ratio = 0.85 times.What is the value of inventory listed on the firm's balance sheet?
A)$4.25m
B)$8.5m
C)$10m
D)$40m

Liquidity Ratios Burt's TVs Has Current Liabilities of $25 Million