2. 10. Applying percentage of sales [LO 4.1] The statement of financial position for the Ingebyra Pools

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2. 10.

Applying percentage of sales [LO 4.1] The statement of financial position for the Ingebyra Pools Limited follows. Based on this information and the statement of profit or loss in the previous problem, supply the missing information using the percentage of sales approach. Assume that accounts payable vary with sales, whereas notes payable do not. Put ‘n/a’ where needed.

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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