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Consider B&B Company's financial data as follows: (unit: millions of dollars except ratio figures): Cash and marketable securities Fixed assets Sales Net Income Inventory Current
Consider B&B Company's financial data as follows: (unit: millions of dollars except ratio figures): Cash and marketable securities Fixed assets Sales Net Income Inventory Current ratio Average collection period Average common equity $2,000 $6,500 $20,500 $4,100 $3,250 2.8 40 days $10,000 Fill in the blanks by calculating the appropriate accounting entries in the balance or the income statement. Financial Data Category Accounts Receivable Current Assets Long-Term Debt Total Asset Turnover Please show the relevant workings
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