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imer 2 0 2 4 Question 8 , PF 8 - 3 5 A ( similar to ) HW Score: 0 % , 0 of

imer 2024
Question 8, PF8-35A (similar to)
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lework CH8
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The comparative financial statements of Highland Cosmetic Supply for 2024,2023, and 2022 include the data shown here:
(Click the icon to view the comparative financial data.)
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2024
2023
2024=2023=
Data table
\table[[,2024,2023,2022],[Balance sheet-partial,,,],[Current Assets:,,,],[Cash,85,000,55,000,60,000],[Short-term Investments,145,000,150,000,115,000],[Accounts Receivable, Net,265,000,260,000,255,000],[Merchandise Inventory,350,000,335,000,295,000],[Prepaid Expenses,75,000,50,000,45,000],[Total Current Assets,920,000,850,000,770,000],[Total Current Liabilities,570,000,635,000,630,000],[Income statement-partial,,,],[Net Sales (all on account),5,870,000,5,170,000,4,240,000
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