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Chapter 17.2 Do In Class Circle the letter of the best response. The following information applies to Questions 1-7: Cameron's Accounts 20x9 20x8 S 5,094

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Chapter 17.2 Do In Class Circle the letter of the best response. The following information applies to Questions 1-7: Cameron's Accounts 20x9 20x8 S 5,094 1,611 1,500 2,120 10,325 18,50015,737 S 28,896 $ 26,062 S 7,230 S 8.467 3.792 4,363 9,440 S 26,062 Cash and cash equivalents 1,813 1,324 1,709 10,396 Net receivables Merchandise inventory Prepaid expenses Total current assets Other assets Total assets Total current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity Net sales revenue 4,798 6.568 10,300 S 28,896 S 25,000 7,055 7,064 6,821 210 2,563 S 8,107 Cost of goods sold Operating expenses Operating income Interest expense Income tax expense Net income

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