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Asset Management and Profitability Ratios You have the following information on Universe It Ts , Incorporated: sales to working capital = 1 8 times, profit

Asset Management and Profitability Ratios You have the following information on Universe It Ts, Incorporated: sales to working capital =18 times, profit margin =26.8%, net income available to common stockholders =$4.8 million, and current liabilities =$1.8 million. What is the firm's balance of current assets?
Multiple Choice
$8.516 million
$1.871 million
$0.995 million
$2.795 million
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