Question: Highly Suspect Corp. has current liabilities of $417,000, a quick ratio of 1.20, an inventory turnover of 4.30, and a current ratio of 3.80. What is the cost of goods sold for the company? a. $4,662,060 b. $1,301,040 c. $6,813,780 d. $500,400 e. $1,355,250

Highly Suspect Corp. has current liabilities of $417,000, a quick ratio of 1.10, inventory turnover of 3.60, and a current ratio of 3.30. What is the cost of goods sold for the company?    Multiple Choice   $3,302,640   $1,009,140   $1,146,750   $458,700   $4,953,960

What is the inventory turnover ratio for ABC Corp. if cost of goods sold equals $5,000, current ratio equals 3, quick ratio equals 1.5, and the firm has $1,800 in current assets?   A. 2.78 times   B. 4.17 times   C. 5.56 times   D. 8.33 times

Provide the solution and answer

Calculate the value of cost of goods sold for Benson's Brewing Company given the following information: Current liabilities = $540,000; Quick ratio = 1.8; Inventory turnover = 6.0; Current ratio = 2.3.   Select one: a. $1,620,000 b. $3,999,999 c. $3,060,000 d. $2,180,222 e. $2,040,000

j.Quick ratio is ____________ times. k.Inventory turnover is ________ times. l.Average collection period is RM__________ days.

ACTIVITY 1. MULTIPLE CHOICE wblupi moit boog aamoz a adT Directions: Encircle the letter of the correct answer. 1. MCL Company has a total quick asset of P100,000.00 and quick ratio of 10. How much is the current liabilities of the entity? a. P1,000,000.00 b. P1,100,000.00 c. P900,000.00 d. P10,000.00 2. If the company's net sales is P250,000.00 and the average accounts receivable is P50,000.00, what is the A/R turnover ratio? c. P200,000.00 m d. P300,000.00 a. 5 To Coubrc bns 00.000,000 3. From a current ratio of 4 in 2018, the current ratio of the company is 5 in 2019. b. 1/5 a. This is something good from a liquidity standpoint. b. This is something bad from a liquidity standpoint c. This data has no implication on the liquidity status of the company. d. All of the above.

ITR?

pls solve.. upvote for sure

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