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Please answer 15 Gradebook Email Live Doc Sharing Dropbox Journal Tech S $2,100,000 O$800,000 $600,000 15. What was the cost of merchandise (in $ millions)

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Gradebook Email Live Doc Sharing Dropbox Journal Tech S $2,100,000 O$800,000 $600,000 15. What was the cost of merchandise (in $ millions) produced by Jacobee during 2017 based on the financial information provided below? Jacobee, Inc. Selected financial information ($ millions) Net Sales Cost of goods sold Depreciation Net Income Finished goods in inventory Accounts receivable Accounts payable Net fixed assets Year-end cash balance 2016 2017 $350 $480 200 240 90 60 45 55 100 50 310 415 $175 $150 70 40 50 45 (Points: 3.5) $295 $235 $245 O $240 $285 16. During 2017, how much cash (in $ millions) did 88B collect from sales based on the financial information provided below? B&B, Inc. Selected financial information (S millions) 2016 2012 Nat Sales naiDetailed Explana...pptx

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