Liquidity and Asset Management Ratios Oasis Products, Inc. has current liabilities = $10.8 million, current ratio = 1.70
Posted: Wed Jul 06, 2022 6:45 pm
Liquidity and Asset Management Ratios Oasis Products, Inc. hascurrent liabilities = $10.8 million, current ratio = 1.70 times,inventory turnover ratio = 12.2 times, average collection period =22 days, and sales = $108 million. What is the value of their cashand marketable securities? (Consider a 365 days a year.