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.
Plug these numbers into the formula for inventory turn and you have your answer: Current Year's Cost of Goods Sold of $6,204,000,000 Ã· Average Inventories of $1,071,000,000 = 5.7927 inventory turnover. What this means is that Coca-Cola sold all of its inventory 5.79 times each year back between 1999 and 2000.