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PLEASE SHOW EXCEL FORMUALS TO INPUT 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as

PLEASE SHOW EXCEL FORMUALS TO INPUT image text in transcribed
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2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorable or unfavorable? Change in accounts receivable 3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage of total assets favorable or unfavorable? Change in merchandise inventory

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