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Happy Turtle Transporters Inc. has forecasted sales of $29,000,000 for next year and expects its cost of goods sold (COGS) to remain at 60% of
Happy Turtle Transporters Inc. has forecasted sales of $29,000,000 for next year and expects its cost of goods sold (COGS) to remain at 60% of sales. Currently, the firm holds $2,700,000 in inventories, $2,300,000 in accounts receivable, and $2,500,000 in accounts payable.
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