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Ratio calculation finance 1 answer below » W.F. Bailey Company had a quick ratio of 1.4, a current ratio of 3.0, an inventory turnover of 5x, total current assets of $810,000, and cash and equivalents
of $120,000. If the cost of goods sold equaled 86 per cent of sales, what were Bailey’s annual sales and DSO? Jan 10 2014 08:23 AM
