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Assume the following sales data for a company: Current year $747,463 Preceding year 531,800 What is the percentage increase in sales from the preceding year

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Assume the following sales data for a company: Current year $747,463 Preceding year 531,800 What is the percentage increase in sales from the preceding year to the current year (rounded to one decimal place)? a. 11.7% Ob.2 b. 28.9% OC. 69.4% Od. 40.6% Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable Accounts receivable $35,599 63,337 Accrued liabilities 6,164 Cash 23,634 Intangible assets 42,629 Inventory 84,975 Long-term investments 109,194 Long-term liabilities 72,926 Marketable securities 31,654 Notes payable (short-term) 29,504 Property, plant, and equipment 605,392 Prepaid expenses 1,860 Based on the data for Harding Company, what is the amount of quick assets? Oa. $55,288 Ob. $745,655 Oc. $118,625 Od. $1,502,870 Based on the following data, what is the accounts receivable turnover? Sales on account during year $456,801 Cost of goods sold during year 153,542 Accounts receivable, beginning of year 41,468 Accounts receivable, end of year 52,732 Inventory, beginning of year 83,748 Inventory, end of year 119,303 Oa. 3.8 Ob. 11 Oc.9.7 Od. 3

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