Multiple Choice
Beach Wear has current liabilities of $350,000,a quick ratio of 1.65,inventory turnover of 3.2,and a current ratio of 2.9.What is the cost of goods sold?
A) $980,000
B) $1,060,000
C) $1,200,000
D) $1,400,000
E) $1,560,000
Correct Answer:
Verified
Correct Answer:
Verified
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