Q-4. The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, an inventoryturnover of 6 times, total current assets of $810,000, and cash and marketable securitiesof $120,000 in 2001. What were Kretovich’s annual sales and its DSO for that year? Assumethere are 365 days in a year.
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