What were kretovich annual sales

Reference no: EM13298583

The Kretovich Company had a quick ratio of 1.4, a current ratio of 3, an inventory turnover of 7 times, total current assets of $880,000, and cash and marketable securities of $130,000. Assume a 365-day year. (Hint: Assume the firm's current assets consist only of cash, accounts receivable, and inventory.)

What were Kretovich's annual sales? Round your answer to the nearest cent.

What was its DSO? Round your answer to two decimal places.

Reference no: EM13298583

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