Asset Management and Profitability Ratios You have the following information on Universe It Ts, Inc. sales to working capital = 19 times, profit...

Asset Management and Profitability Ratios You have the following information on Universe It Ts, Inc.: sales to working capital = 19 times, profit margin = 25.9%, net income available to common stockholders = $3.9 million, and current liabilities = $1.9 million. What is the firm's balance of current assets?

a.$0.793 m

b. $9.236 m

c. $2.693 m

d. $1.953 m