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Atlantic Corporation reported these figures: (Click the icon to view the income statement.) Atlantic Corporation has 3,125,000 shares of common stock outstanding. Its stock has

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Atlantic Corporation reported these figures: (Click the icon to view the income statement.) Atlantic Corporation has 3,125,000 shares of common stock outstanding. Its stock has traded recently at $31.20 per share. You would like to gain a better understanding of Atlantic Corporation's financial position. Assume all sales are on credit

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