Compute value of inventory listed on the firm balance sheet

Assignment Help Finance Basics

Reference no: EM131951198

Question: Burt's TVs has current liabilities of $24.6 million. Cash makes up 37 percent of the current assets and accounts receivable makes up another 17 percent of current assets. Burt's current ratio = .99 times. What is the value of inventory listed on the firm's balance sheet? (Do not round intermediate steps.)

Reference no: EM131951198

Questions Cloud

Write the essay on the perspectives in the of religion : Using the ideas of these philosophers, along with your own, write the essay of the following topic: Perspectives in the Philosophy of Religion.

Resistance to change can be very difficult for organizations : Resistance to change can be very difficult for organizations to navigate. What can be done to avoid/overcome resistance to change?

Prepare a function declaration and a function definition : Write a function declaration and a function definition for a function that takes one argument of type double.

What are the elements of contract : What are the elements of contract? Describe the formation of this contract as you discuss each element necessary to form a legal, valid contact.

Compute value of inventory listed on the firm balance sheet : Burt's TVs has current liabilities of $24.6 million. Cash makes up 37 percent of the current assets and accounts receivable makes up another 17 percent.

Write a function declaration and a function definition : Write a function declaration and a function definition for a function that takes three arguments, all of type int, and that returns the sum of its three argumen

Analyze a social problem at your community level : Lay out a plan for change. How do you see the best course of action for making changes? What specifically do you think needs to be done?

Write a complete program that asks the user for a seed : Write a complete program that asks the user for a seed and then outputs a list of ten random numbers based on that seed.

Examine business establishments and residential housing : Al is driving down the street when he takes his eyes off the road to look at a billboard advertising Coca Cola. Due to his negligence his automobile collides.

User Account

All Pages