Whats the value of inventory listed on the firms balance


ABC Expert Consulting corp. has current liabilities of $18 million. Cash makes up 16 percent of the current assets, and accounts receivable makes up another 50 percent of current assets. The corporation’s current ratio is 2.8 times. What’s the value of inventory listed on the firm’s balance sheet?

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Financial Management: Whats the value of inventory listed on the firms balance
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