Question

A firm's quick ratio is 1.4; its current ratio is 3; an inventory turnover of 6X;...

A firm's quick ratio is 1.4; its current ratio is 3; an inventory turnover of 6X; and total current assets of $810,000. Cash and marketable sesurities amount to $120,000.

What is the annual sales for the company? What is DSO?

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