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56, 23, 100, or 58? ASSETS Cash Accounts receivable Inventory Net plant and equipment Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Accrued expenses Longterm
56, 23, 100, or 58?
ASSETS Cash Accounts receivable Inventory Net plant and equipment Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Accrued expenses Longterm debt Common stock Paidin capital Retained earnings Total liabilities and stockholders' equity Sales (all on credit) Cost of goods sold Gross proFit Sales and administrative expenses Depreciation Operating profit Interest expense Profit beFore taxes Taxes (39%) Net income $ 59,999 79,999 119,999 229,999 $459,999 $ 79,999 59,999 139,999 79,999 49,999 99,999 $459,999 $875,999 699,999 $275,999 39,999 55,999 $199,999 25,999 $195,999 49,599 $115,599 Refer to the tables above. The rm's reiurn on equity isStep by Step Solution
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