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Based on the following data for the current year, what is the number of days' sales in receivable? Net sales on account during year $517,087
Based on the following data for the current year, what is the number of days' sales in receivable? Net sales on account during year $517,087 Cost of goods sold during year 185,855 42,263 Accounts receivable, beginning of year Accounts receivable, end of year 51,393 Inventory, beginning of year 83,609 119,622 Inventory, end of year Round your answer up to the nearest whole day. Select the correct answer. 33 days 131 days 84 days 072 days A corporation purchases 5,758 shares of its own $3 par common stock for $18 per share, recording it at cost. What will be the effect on total stockholders' equity? Select the correct answer. Odecrease by $86,370 Oincrease by $103,644 Odecrease by $103,644 Oincrease by $86,370 A business issues 20-year bonds payable in exchange for preferred stock. This transaction would be reported on the statement of cash flows in a. the cash flows from financing activities section b. the cash flows from operating activities section. Oc. the cash flows from investing activities section. Od. a separate schedule. A $289,000 bond was redeemed at 98 when the carrying amount of the bond was $284,665. What amount of gain or loss would be recorded as part of this transaction? Select the correct answer. Ogain on bond redemption of $5,780. Oloss on bond redemption of $4,335. Ogain on bond redemption of $1,445. Oloss on bond redemption of $1,445
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