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

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The Kretovich Company had a quick ratio of 1.4, a current ratio of 3, an inventory turnover of 7 times, total current assets of $880,000, and cash and marketable securities of $130,000. Assume a 365-day year. (Hint: Assume the firm's current assets consist only of cash, accounts receivable, and inventory.)

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

What was its DSO? Round your answer to two decimal places.

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Category:- Basic Finance
Reference No.:- M9877909

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