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compute the acid-test ratio as follows: Current Assets - Inventory / Current Liabilities Question: Find the cost of sales of the company with the following

compute the acid-test ratio as follows:

Current Assets - Inventory / Current Liabilities

Question: Find the cost of sales of the company with the following financial data.

Current ratio 2.5
Quick ratio or acid-test 2
Current liabilities $400,000.00
Inventory turnover 3 times

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