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On average how many days of sales were in Inventory during the year? Use the following information for items 12 and 13: A company's net
On average how many days of sales were in Inventory during the year? Use the following information for items 12 and 13: A company's net income after tax was $400,000 for its most recent year. The company's income statement included Income Tax Expense of $140,000 and Interest Expense of $60,000. At the beginning of the year the company's stockholders' equity was $1,900,000 and at the end of the year it was $2,100,000
Which of the following will likely have the reported amounts on the balance sheet closest to their current value?
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