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Selected information taken from the accounting records of Vigor Company follows: Required: 1. What was Vigor's gross profit for 201 ? 2. Suppose that there

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Selected information taken from the accounting records of Vigor Company follows: Required: 1. What was Vigor's gross profit for 201 ? 2. Suppose that there are 360 business days in the year. What were the number of days sales outstanding in average receivables and the number of days sales outstanding in average inventories, respectively, for 201

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