h Wear has current liabilities of RM350,000, a quick ratio of 1.65, inventory turnover of 4.7, and a current ratio of 2.9. What is the cost of goods sold? Select one: a. RM2,056,250 b. RM1,760,750 c. RM1,950,00

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
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Chapter2: Analysis Of Financial Statements
Section: Chapter Questions
Problem 12PROB
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Beach Wear has current liabilities of RM350,000, a quick ratio of 1.65, inventory turnover of 4.7, and a current ratio of 2.9. What is the cost of goods sold?

Select one:
a. RM2,056,250
b. RM1,760,750
c. RM1,950,000
d. RM1,980,500
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