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**Please go through the steps/ formula that gave you the correct answer (as per the answer below this question)** If operating cash of a firm
**Please go through the steps/ formula that gave you the correct answer (as per the answer below this question)**
If operating cash of a firm was estimated to be 0.5% of sales, the comprehensive income of this firm was $59,129, and net profit margin was 9% and cash and cash equivalent were $215,681. If you are reformulating the balance sheet of this firm, its financial assets will increase after the reformulation by:
Correct Answer: 212,396.06
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