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Problem 3-12 Comprehensive Ratio Calculations The Kretovich Company had a quick ratio of 1.3, a current ratio of 3.5, a days' sales outstanding of 31.5
Problem 3-12 Comprehensive Ratio Calculations The Kretovich Company had a quick ratio of 1.3, a current ratio of 3.5, a days' sales outstanding of 31.5 days (based on a 365-day year), total current assets of $890,000, and cash and marketable securities of $115,000 What were Kretovich's annual sales? Do not round intermediate calculations. Round your answer to the nearest cent. s 2,497,890.75 Hide Feedback Incorrect
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