Carla Vista Corporation has current liabilities of $422,000, a quick ratio of 1.9, inventory turnover of 5.2, and a current ratio of 4.2. What is the cost of goods sold for Carla Vista Corporation? Cost of goods sold $

Carla Vista Corporation has current liabilities of $422,000, a quick ratio of 1.9, inventory turnover of 5.2, and a current ratio of 4.2. What is the cost of goods sold for Carla Vista Corporation? Cost of goods sold $

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...

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Question

Carla Vista Corporation has current liabilities of $422,000, a quick ratio of 1.9, inventory turnover of 5.2, and a current ratio of 4.2.
What is the cost of goods sold for Carla Vista Corporation?
Cost of goods sold
$

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