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The balance sheet and income statement shown below are for Byrd Inc, and the data are to be used for the following questions. Note that

The balance sheet and income statement shown below are for Byrd Inc, and the data are to be used for the following questions. Note that the firm has no amortization charges, it does not lease any assets, and none of its debt must be retired during the next 5 years (notes payable will be rolled over). Assume a 360-day year

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