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Nanina Corp. has current liabilities of $416,000, a quick ratio of 1.80, inventory turnover of 4.40, and a current ratio of 3.30. What is the

Nanina Corp. has current liabilities of $416,000, a quick ratio of 1.80, inventory turnover of 4.40, and a current ratio of 3.30. What is the cost of goods sold for the company?

Multiple Choice

  • $1,123,200

  • $780,000

  • $6,040,320

  • $748,800

  • $2,745,600

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