7-12 Comprehensive Ratio Calculations The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, a days sales outstanding of 36.5 days (based on a 365-day year), total current assets of $810,000, and cash and marketable securities of $120,000. What were Kretovich's annual sales? 6-1 Personal After-Tax Yield An investor recently purchased a corporate bond that yields 9%. The inves- tor is in the 36% combined federal and state tax bracket. What is the bond's after-tax yield