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4.  Problem 3-12 (Comprehensive Ratio Calculations) Comprehensive Ratio Calculations The Kretovich Company had a quick ratio of 1.3, a...

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Finance

4.  Problem 3-12 (Comprehensive RatioCalculations)

Comprehensive Ratio Calculations

The Kretovich Company had a quick ratio of 1.3, a current ratioof 4.0, a days sales outstanding of 36.5 days (based on a 365-dayyear), total current assets of $900,000, and cash and marketablesecurities of $110,000. What were Kretovich's annual sales? Do notround intermediate calculations. Round your answer to the nearestdollar.

$ ______________

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