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Farm Product Inc. has the following information for fiscal year ending 12/31/X6: Net sales $13,877,000; total assets $9,857,000, net income $1, 155,600. For fiscal year

Farm Product Inc. has the following information for fiscal year ending 12/31/X6: Net sales $13,877,000; total assets $9,857,000, net income $1, 155,600. For fiscal year ending 12/31/X7: Net sales $14,...

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