Brendas bar and grill has current liabilities of 22 million, Finance Basics

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Brendas bar and grill has current liabilities of 22 million

Question: Brenda's Bar and Grill has current liabilities of $22 million. Cash makes up 15 percent of the current assets and accounts receivable makes up another 30 percent of current assets. Brenda's current ratio is 1.8 times Calculate the value of inventory listed on the firm's balance sheet.

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Finance Basics: Brendas bar and grill has current liabilities of 22 million

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