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Information for Sheridan Company is given below: Sheridan Company Balance Sheet December 31,2021 Netsales Cost of goods sold Additionalinformation: There are no preferred dividends in
Information for Sheridan Company is given below: Sheridan Company Balance Sheet December 31,2021 Netsales Cost of goods sold Additionalinformation: There are no preferred dividends in arrears, the balances in the Accounts Receivable and Inventory accounts are unchanged from January 1, 2021, and there were no changes in the Bonds Payable, Preferred Stock, or Common Stogk accounts during 2021. Assume that preferred dividends for the current year have not been declared. The number of times interest was earned during 2021 was 1052+1521351+152630+152900+152
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