What is the cost of goods sold for the company
Problem
Montcalm Corp. has current liabilities of $365,000, a quick ratio of 0.85, inventory turnover of 5.8, and a current ratio of 1.4. What is the cost of goods sold for the company?
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Montcalm Corp. has current liabilities of $365,000, a quick ratio of 0.85, inventory turnover of 5.8. What is the cost of goods sold for the company?
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