Business, 13.11.2019 04:31 tjkma1234

Liquidity and asset management ratios oasis products, inc. has current liabilities = $11.7 million, current ratio = 1.60 times, inventory turnover ratio = 12.1 times, average collection period = 21 days, and sales = $119 million. what is the value of their cash and marketable securities? (consider a 365 days a year.)

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