Page 1 of 1
4. THE INTERRELATIONSHIPS OF THE RATIOS? [2 POINTS] The Hillcrest Company had a quick ratio of 1.4, a current ratio of 3
Posted: Sun Apr 17, 2022 6:26 pm
by answerhappygod
- 4 The Interrelationships Of The Ratios 2 Points The Hillcrest Company Had A Quick Ratio Of 1 4 A Current Ratio Of 3 1 (34.91 KiB) Viewed 19 times
4. THE INTERRELATIONSHIPS OF THE RATIOS? [2 POINTS] The Hillcrest
Company had a quick ratio of 1.4, a current ratio of 3.0, a DSO of 73 days, total current assets of $840,000, and cash and marketable securities of $100,000. What were Hillcrest's annual sales? Show all formulae and calculations clearly.