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A recent annual report of Kraft Foods Group, Inc., reveals the following information (dollar amounts are stated in millions): Cost of goods sold $ 12,499
A recent annual report of Kraft Foods Group, Inc., reveals the following information (dollar amounts are stated in millions): Cost of goods sold $ 12,499 Inventory (beginning of year) 1,943 Inventory (end of year) 1,928 Average time required to collect accounts receivable 18 days
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