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' 221 Charles Mack: Attempt 1 A Question 15 (5 points) The following financial information is for Chesapeake Corporation are for the fiscal years ending

' 221 Charles Mack: Attempt 1 A Question 15 (5 points) The following financial information is for Chesapeake Corporation are for the fiscal years ending 2020 & 2019 (all balances are normal): Item/Account 2020 2019 Accounts Receivable 56,000 52,000 fl Current Liabilities 76,000 42 000 v Net Sales (all credit) 550,000 485,000 Cost of Goods Sold 334,000 265 000

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