Question: 12. Problem 7-12 (Comprehensive Ratio Calculations) eBook Comprehensive Ratio Calculations The Kretovich Company had a quick ratio of 1.2, a current ratio of 3.5, a

12. Problem 7-12 (Comprehensive Ratio Calculations) eBook Comprehensive Ratio Calculations The

12. Problem 7-12 (Comprehensive Ratio Calculations) eBook Comprehensive Ratio Calculations The Kretovich Company had a quick ratio of 1.2, a current ratio of 3.5, a days' sales outstanding of 36.5 days (based on a 365-day year), total current assets of $840,000, and cash and marketable securities of $115,000. What were Kretovich's annual sales? Do not round intermediate calculations. Round your answer to the nearest dollar

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