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I). Assume net sales of 1.2 million and cost of goods sold of $900,000. Determine the average investment in accounts receivable, inventories, and accounts payable.

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I). Assume net sales of 1.2 million and cost of goods sold of $900,000. Determine the average investment in accounts receivable, inventories, and accounts payable. 1it'ii'hat would he the net financing need considering only these three account

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