Mandesa inc has current liabilities of 6 million current


Mandesa, Inc. has current liabilities of $6 million, current ratio of 1.7 times, inventory turnover ratio of 11 times, average collection period of 30 days, and sales of $41 million.

Calculate the value of cash and marketable securities.

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Financial Management: Mandesa inc has current liabilities of 6 million current
Reference No:- TGS01703044

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