Question
VDA Inc. has current liabilities of $325,000. Its current ratio is 1.85 and the inventory turnover is 4. What is the value of VDA's cost
VDA Inc. has current liabilities of $325,000. Its current ratio is 1.85 and the inventory turnover is 4. What is the value of VDA's cost of goods sold if the quick ratio is 1.5?
| A. | $ 650,000 | |
| B. | $ 520,000 | |
| C. | $ 455,000 | |
| D. | $ 731250 | |
| E. | $ 568,750 | |
| F. | $ 487,500 |
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Real Estate Finance Theory And Practice
Authors: Terrence M. Clauretie, G. Stacy Sirmans
4th Edition
032414377X, 978-0324143775
