Efficiency ratio: Lambda Corporation has current liabilities of $450,000, a quick ratio of 1.8, inventory turnover of

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Efficiency ratio: Lambda Corporation has current liabilities of

$450,000, a quick ratio of 1.8, inventory turnover of 5.0, and a current ratio of 3.5. What is the cost of goods sold for Lambda Corporation?

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Fundamentals Of Corporate Finance

ISBN: 9781119795438

5th Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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