Guthrie Corp. has current liabilities of $270,000, a quick ratio of 1.1, inventory turnover of 4.2, and

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Guthrie Corp. has current liabilities of $270,000, a quick ratio of 1.1, inventory turnover of 4.2, and a current ratio of 2.3. What is the cost of goods sold for the company?

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Corporate Finance

ISBN: 978-0077337629

9th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Jul 18, 2016 09:34 AM

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Guthrie Corp. has current liabilities of $270,000, a quick ratio of 1.1, inventory turnover of 4.2, and

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