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Lily Corporation experienced a fire on December 31.2022, in which its financial records were partially destroyed, It has been able to salvage some of the

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Lily Corporation experienced a fire on December 31.2022, in which its financial records were partially destroyed, It has been able to salvage some of the records and has ascertained the following balances. 1. The inventory turnover is 2.2 times. 2. The return on common stockholders' equity is 26%. The company had no add itional capital accounts. 3. The accounts receivable turnover is 7.0 times. 4. The return on assets is 12.5%. 5. Total assets at December 31,2021 , were $615,000. Compute the following for Lily Corporation. (a) Cost of goods sold for 2022 (b) Netcredit sales for 2022. (c) Net income for 2022 (d) Totalassets at December 31,2022 \$

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