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Please see attached questions. All help and guidance is appreciated. 20. Train Company's balance sheet included cash of $4,200,000, accounts receivable of $15,000,000 inventories of

Please see attached questions. All help and guidance is appreciated.

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20. Train Company's balance sheet included cash of $4,200,000, accounts receivable of $15,000,000 inventories of $10,000,000, prepaid expenses of $2,000,000, accounts payable of $9,000,000, and accrued expenses of 5?,000,000. Worldng capital is ______ . 53000300 None of these 516,000,000 520,000,000 54,000,000 2]. Selected information 'For 201? is: Cost of goods sold, $6,000,000 2015- ending inventory, $2,000,000 201? ending inventory, 51,400,000 Net sales. 5?,200,000 2015 ending receivables $990,000 E01?r ending receivables, $930,000 Net income, $20,000. Assuming a 360day yea r, what W35 the inventory turnover ratio for 201?? 102 None of these 4.3 15 3.5

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