Liquidity and Asset Management Ratios Oasis Products, Inc. has current liabilities = $11.0 million, current ratio = 1.50 times, inventory turnover ratio = 12.0 times, average collection period = 20 days, and sales = $112 million. What is the value of their cash and marketable securities? (Consider a 365 days a year.)

O$16,500,000

O$9,333,333

O$19,303,652

O$1,029,681