Oasis Products, Inc. has current liabilities = $11.5 million, current ratio = 2.00 times, inventory turnover ratio = 12.5 times, average collection period = 25
Oasis Products, Inc. has current liabilities = $11.5 million, current ratio = 2.00 times, inventory turnover ratio = 12.5 times, average collection period = 25 days, and sales = $117 million. What is the value of their cash and marketable securities? (Consider a 365 days a year.)
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Authors: Hal Scott, Anna Gelpern
21st Edition
1634602048, 978-1634602044
