Problem:
The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, a day sales outstanding of 36.5 (based on a 365 days year), total current assets of $810,000, and cash and marketable securities of $120,000.
Required:
Question: What were Kretivich's annual sales?
Note: Please show how you came up with the solution.