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Builtrite Bakery is a new firm specializing in all natural ingredient pastry products. In attempting to determine what the financial position of the firm should

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Builtrite Bakery is a new firm specializing in all natural ingredient pastry products. In attempting to determine what the financial position of the firm should be, the financial manager obtained the following average ratios for the baking industry for 2022: Complete the accompanying projected balance sheet for Builtrite Bakery assuming 2023 sales (all credit) are $13,500,000. Builtrite Bakery projected Balance Sheet ending December 31, 2023 Based upon the above information, the level of accounts receivable equals: $150,000 $170,000 $195,000 \$25n

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