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4. Use the following information to compute the cost of goods sold of a firm Current ratio 1.5:1 Acid test ratio 1.2:1 Current liabilities =

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4. Use the following information to compute the cost of goods sold of a firm Current ratio 1.5:1 Acid test ratio 1.2:1 Current liabilities = 500,000 JD Inventory turn over 4 times Cost of goods sold = (2 Points) O 750,000 550,000 600,000 150,000

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