Sexton Corp. has current liabilities of $263,000, a quick ratio of .75, inventory turnover of 10.35, and

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Sexton Corp. has current liabilities of $263,000, a quick ratio of .75, inventory turnover of 10.35, and a current ratio of 1.25. What is the cost of goods sold for the company?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Apr 03, 2018 03:49 AM

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Sexton Corp. has current liabilities of $263,000, a quick ratio of .75, inventory turnover of 10.35, and

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The only ratio given which includes cost of goods sold is the ...View the full answer

Corporate Finance Core Principles and Applications

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