Natchitoches---about an hour away from Shreveport Louisiana is the State's oldest city. New Orleans follows, and Opelousas Louisiana is the 3rd oldest.
Cost of Goods Sold Sexton Corp. has current... (Solved) January 23, 2017. Cost of Goods Sold Sexton Corp . has current liabilities of $325,000, a quick ratio of 0.85, inventory turnover of 9.5, and a... Lambda Corporation has current liabilities of $450,000, a quick (Solved) April 18, 2013.
Small-business owners should be familiar with the term costs of goods sold (COGS), as it ultimately impacts their profit and tax liability. Letâs take a look at what cost of goods sold is, how itâs calculated, and the importance of calculating it correctly in small business accounting.