13 Refer the following table, 10 points 02:39:09 Focus Metals Inc. Comparative Balance Sheet Information November 30 (millions of $) 2020 2019 Cash $ 23 $ 93 Accounts receivable (net) 414 260 Inventory 74 67 Plant and equipment (net) 2,686 2,770 Accounts payable 297 Long-term notes payable" 1,770 2,330 Common shares 370 370 Retained earnings 760 277 eBook 213 Print References 90% of the plant and equipment are secured by long-term notes payable. Focus Metals Inc. Income Statement For Year Ended November 30 (millions of 5) 2020 -2019 Net sales $ 2,790 $1,992 Cost of goods sold 972 762 Gross profit $1,818 $1,230 Operating expenses Depreciation expense $ 1025 102 har avances 745 61 Graw Mc Hill 13 Refer the following table, 10 points 02:39:09 Focus Metals Inc. Comparative Balance Sheet Information November 30 (millions of $) 2020 2019 Cash $ 23 $ 93 Accounts receivable (net) 414 260 Inventory 74 67 Plant and equipment (net) 2,686 2,770 Accounts payable 297 Long-term notes payable" 1,770 2,330 Common shares 370 370 Retained earnings 760 277 eBook 213 Print References 90% of the plant and equipment are secured by long-term notes payable. Focus Metals Inc. Income Statement For Year Ended November 30 (millions of 5) 2020 -2019 Net sales $ 2,790 $1,992 Cost of goods sold 972 762 Gross profit $1,818 $1,230 Operating expenses Depreciation expense $ 1025 102 har avances 745 61 Graw Mc Hill