What is the firm balance of current assets

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Reference no: EM131622709

Asset Management and Profitability Ratios You have the following information on Universe It Ts, Inc.: sales to working capital = 13 times, profit margin = 25.3%, net income available to common stockholders = $3.3 million, and current liabilities = $1.3 million. What is the firm's balance of current assets?

$2.303m

$6.438m

$1.364m

$1.003m

Reference no: EM131622709

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