Walker Corp. has current liabilities of $440,000, a quick ratio of .81, inventory turnover of 5.7, and a current ratio of 1.8. What is the cost of goods sold for the company? (Do not round Intermediate calculations.) Cost of goods sold

Walker Corp. has current liabilities of $440,000, a quick ratio of .81, inventory turnover of 5.7, and a current ratio of 1.8. What is the cost of goods sold for the company? (Do not round Intermediate calculations.) Cost of goods sold

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter2: Analysis Of Financial Statements

Section: Chapter Questions

Problem 12PROB

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Question

Walker Corp, has current liabilities of $440,000, a quick ratio of .81, Inventory turnover of
5.7. and a current ratio of 1.8. What is the cost of goods sold for the company? (Do not
round Intermedlate calculations.)
Cost of goods sold
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