Question: ABC Corp. had a quick ratio of 1.75, a current ratio of 3.2, a days' sales outstanding of 36.5 (based on a 365-day year), total
ABC Corp. had a quick ratio of 1.75, a current ratio of 3.2, a days' sales outstanding of 36.5 (based on a 365-day year), total current assets of $700,000, and cash and marketable securities of $80,000. What were ABC's annual sales?
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