Guthrie plc has current liabilities of 340,000, a quick ratio of 1.8, inventory turnover of 4.2 and

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Guthrie plc has current liabilities of £340,000, a quick ratio of 1.8, inventory turnover of 4.2 and a current ratio of 3.3. What is the cost of goods sold for the company?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 19, 2024 01:00 AM

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Guthrie plc has current liabilities of 340,000, a quick ratio of 1.8, inventory turnover of 4.2 and

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To find the cost of goods sold COGS for Guthrie plc we need to use the given financial ratios and so...View the full answer

Corporate Finance

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