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Problem:

The Kretovich Company had a quick ratio of 1.3, a current ratio of 3.5, a days sales outstanding of 29.5 days (based on a 365-day year), total current assets of $660,000, and cash and marketable securities of $95,000.

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Question 1: What were Kretovich's annual sales?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91149445

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