Question: 9 points Help Seve & Exit Submit Return to question Check my work mode: This shows what is correct or incorrect for the work you
9 points Help Seve & Exit Submit Return to question Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Problem 3-16 Liquidity and Asset Management Ratios (LG3-1, LG3-2) Mandesa, Inc. has current liabilities of $8,900,000, current ratio of 2.0 simes, inventory tumover of 12 times, average collection period of 39 days, and credit sales of $64,900,000 Calculate the value of cash and marketable securities. (Use 365 days a year. Do not round your intermediate calculations. Round your final answer to the nearest dollar amount.) Answer is complete but not entirely correct. Cash and marketable curtis 5,406,394
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