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calculate the cost of goods sold of a company with the financial data given below: 1.5 1.4 Current Ratio Acid-Test Ratio Current Liabilities Inventory Turnover

calculate the cost of goods sold of a company with the financial data given below: 1.5 1.4 Current Ratio Acid-Test Ratio Current Liabilities Inventory Turnover (using ending inventory) $266667 2.67 times *Assume that the company didn't has prepaid expense. Explaining the steps for the solution

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