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ABC Corporation reported that it had revenues of $20,000,000, cost of goods sold of $2,500,000, accounts receivable of $2,000,000 , and inventory of $3,000,000.(assuming a
ABC Corporation reported that it had revenues of $20,000,000, cost of goods sold of $2,500,000, accounts receivable of $2,000,000 , and inventory of $3,000,000.(assuming a 365-day year). Also, assume the average age of the inventory 30 (2) average collection period 20 (3) average payment period 40. What is the Resources invested of fund?
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