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3I llowing data for the DQR Company to answer the question below. Note that the balance sheet accounts listed below are the only items on
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llowing data for the DQR Company to answer the question below. Note that the balance sheet accounts listed below are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's income statement for each year. Item Year 1 Accounts payable 550 Accounts receivable 510 Accruals 1000 Capital surplus 300 Cash 300 Common stock 2000 Cost of goods sold 4000 Depreciation expense 200 Interest expense 170 Inventory 3000 Long-term debt 1500 Net fixed assets 2700 Notes payable 750 Operating expense 300 ? Retained earnings 5000 Sales Taxes 120 In Year 2. accounts receivable was Year 2 250 ? 1,120 130 580 2,260 4600 350 190 3,220 1,650 2,590 570 430 830 6000 140 LG 300 300 2000 130 580 2,260 4600 350 190 Capital surplus Cash Common stock Cost of goods sold Depreciation expense Interest expense Inventory Long-term debt Net fixed assets Notes payable Operating expense Retained earnings Sales Taxes 4000 200 170 3000 1500 2700 750 300 3,220 1,650 2,590 570 430 ? 5000 830 6000 140 120 In Year 2, accounts receivable was Compute your answer as a whole number rounded (if necessary) to ze places. Enter your answer without a dollar sign and without any comm Your Answer: Answer LG Step by Step Solution
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