Question
Last year, used as the base year, a firm had $52 cash, $223 accounts receivable, $509 inventory and $1,107 net fixed assets. This year, the
Last year, used as the base year, a firm had $52 cash, $223 accounts receivable, $509 inventory and $1,107 net fixed assets. This year, the firm has $61 in cash, $204 in accounts receivable, $527 in inventory and $1,216 in net fixed assets. What is the common base year value of the inventory?
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Precalculus
Authors: Michael Sullivan
9th edition
321716835, 321716833, 978-0321716835
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