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What were firm-s annual sales and its dso

The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, an inventory turnover of 6 times, total current assets of $810,000, and cash and marketable securities of $120,000. What were Kretovich"s annual sales and its DSO? Assume a 365-day year.

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What were firm-s annual sales and its dso

Reference No:- TGS0556418

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What were firm-s annual sales and its dso

Reference No:- TGS0556418

Recent Questions Asked Finance Basics

Q : The summary of the materials requisitions

Q : Find accounts receivable-current liabilities-current assets

Q : Calculate a large gain on the sale of investments

Q : Find the firm-s equity multiplier and total assets turnover

Q : What were firm-s annual sales and its dso

Q : Discuss the month using variable costing method

Q : Calculate profit for both years using full costing

Q : What is firm-s tie ratio if bank refuse to renew loan

Q : Calculate paymore cash payments to its suppliers

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