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Question: Comprehensive Ratio Calculations The Kretovich Company had a quick ratio of 1.2, a current ratio of 2.5, an inventory turnover of 7 times, total current assets of dollar 820,000, and cash and marketable securities of dollar 100,000. Assume a 365-day year.

1. What were Kretovich's annual sales? Round your answer to the nearest cent dollar

2. What was its DSO? days

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Category:- Basic Finance
Reference No.:- M92797555

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