Question
Problem 3-12 (Comprehensive Ratio Calculations) eBook Comprehensive Ratio Calculations The Kretovich Company had a quick ratio of 1.5, a current ratio of 3.5, a days
Problem 3-12 (Comprehensive Ratio Calculations)
| eBook Comprehensive Ratio Calculations The Kretovich Company had a quick ratio of 1.5, a current ratio of 3.5, a days sales outstanding of 36.5 days (based on a 365-day year), total current assets of $980,000, and cash and marketable securities of $90,000. What were Kretovich's annual sales? Do not round intermediate calculations. Round your answer to the nearest dollar. $ |
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Foundations Of Finance The Logic And Practice Of Finance Management
Authors: Arthur J. Keown, John H. Martin, David F. Scott, John Petty, J. William Petty
5th Edition
0132019299, 9780132019293
