Problemthe kretovich company had a quick ratio of 14 a, Ask an Expert

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Problem:

The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, a days sales outstanding of 36.5 days (based on a 365-day year), total current assets of $810,000 and cash and marketable securities of $120,000.

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Question: What were Kretovich's annual sales?

Note: Provide support for your rationale.

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Category:- Basic Finance
Reference No.:- M91162312

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