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I need help solving the foowing questions. #2. Spirit Corp. reported net sales (all on credit) of $1,600,000 and cost of goods sold of $1,100,000
I need help solving the foowing questions.
#2. Spirit Corp. reported net sales (all on credit) of $1,600,000 and cost of goods sold of $1,100,000 for 2014. Its beginning balance of Accounts Receivable was $150,000. The accounts receivable balance decreased by $10,000 during 2014. Rounded to two decimal places, what is Spirit
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