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Ex. 1 Armada Company has these comparative balance sheet data: ARMADA COMPANY Balance Sheets December 31, 2017 2016 Cash 5 40.000 30.000 Accounts receivable (net)

Ex. 1 Armada Company has these comparative balance sheet data: ARMADA COMPANY Balance Sheets December 31, 2017 2016 Cash 5 40.000 30.000 Accounts receivable (net) 65,000 60,000 Inventory 60,000 50.000...

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