Question
Consider the following financial statement information for the Zacee Corporation for 2013: Items Beginning Ending Inventory $7,708 $7,866 Accounts Receivable (A/R) $87,309 $92,819 Accounts Payable
Consider the following financial statement information for the Zacee Corporation for 2013:
| Items | Beginning |
| Ending |
| Inventory | $7,708 |
| $7,866 |
| Accounts Receivable (A/R) | $87,309 |
| $92,819 |
| Accounts Payable (A/P) | $19,531 |
| $20,035 |
| Credit Sales |
| $144,077 |
|
| Cost of Goods Sold (COGS) |
| $126,215 |
|
What are the annual average of the inventory, accounts receivable, and accounts payable?
| $7,866; $92,819; $20,035 | ||
| $7,708; $87,309; $19,531 | ||
| $7,708; $87,309; $19,783 | ||
| $7,787; $92,819; $20,035 | ||
| $7,787; $90,064; $19,783 |
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How To Get Money For College Financing Your Future Beyond Federal Aid
Authors: Mark D. Snider
1st Edition
0768928869, 978-0768928860
