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Taft Technologles has the following relationships. annual sales $ 1 , 2 0 0 , 0 0 0 current liabilities $ 3 7 5 ,

Taft Technologles has the following relationships.
annual sales $1,200,000
current liabilities $375,000
days soles outstand ing(D50)(360-day year)40
Imventory Turnover Rotio 4.8
current ratio 12
The company's current assets consist of cash, inventorles, and accounts recelvable. How
much cash does Taft have on its balance sheet, knowing also that the company's Cost of
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