Question: please explain your answer QUESTION 3 The Dlabay Company had a quick ratio of 1.35, a current ratio of 2.2, an inventory turnover of 6

please explain your answer

QUESTION 3 The Dlabay Company had a quick ratio of 1.35, a current ratio of 2.2, an inventory turnover of 6 times, total current assets of $600000, and cash plus marketable securities of $200000 in 2015. What were Dlabay's annual sales and its ACP (average collectic period) for that year? Assume 360 days per year. Present/round your answers to two decimal places (include cents even if value is 0), but do not include $ signs or commas. Annual Sales Average Collection Period (days)

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