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Question 3 0 Not yet answered Marked out of 9 . 0 0 P Flag question Alexa Company ( Alexa ) and Maggie Company (

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Alexa Company (Alexa) and Maggie Company (Maggie) both operate in the same industry based in the Annapolis Valley. For the year ending December 31,2021, Alexa and Maggie have reported the following key financial information.
\table[[,Alexa,Maggie],[Net Sales Revenue,2,500,000,360,000],[Cost of Goods Sold,1,625,000,220,000],[Operating Expenses,625,000,62,500],[Interest Expense,130,000,8,250],[Income Tax Expense,18,000,3.500],[Net Income,102,000,65,750],[Cash,175,000,72,000],[Short-term Investments,60,000,4,000],[Accounts Receivable,80,000,11,500],[Inventory,95,000,25,000],[Short-term Notes,56,000,11,200],[Total Current Assets,466,000,123,700],[Property, Plant and Equipment, Net,3,404,000,1,212,000
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