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n 20X2, sales increased to $5,870,000 and the assets for that year were as follows: Cash $ 133,000 Accounts receivable 978,000 Inventory 1,038,000 Net plant
n 20X2, sales increased to $5,870,000 and the assets for that year were as follows:
| Cash | $ 133,000 |
|---|---|
| Accounts receivable | 978,000 |
| Inventory | 1,038,000 |
| Net plant and equipment | 536,000 |
| Total assets | $ 2,685,000 |
Compute the following:
Note: Round your answers to 2 decimal places.
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Accounting A Smart Approach
Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles
2nd Edition
0199674914, 978-0199674916
