Abc expert consulting corp has current liabilities of 18


Question: 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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Finance Basics: Abc expert consulting corp has current liabilities of 18
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