ca ye cualli.

Headword: 
ca ye cualli.
Principal English Translation: 

it is good; or, it should be thus (granting something) (see Molina)

Orthographic Variants: 
cayequalli, cayecualli, ca ye qualli
Alonso de Molina: 

cayequalli. bien esta, o sea assi, otorgando algo.
Alonso de Molina, Vocabulario en lengua castellana y mexicana y mexicana y castellana, 1571, part 2, Nahuatl to Spanish, f. 11r. col. 2. Thanks to Joe Campbell for providing the transcription.

Attestations from sources in English: 

ca ye cualli = very well, fine
This is a set statement, a basic reply in stories and in litigation.
Rebecca Horn's notes from classes in Nahuatl with James Lockhart. Some of her note cards are harvested here by Stephanie Wood.