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The balance sheet for the Heir Jordan Corporation follows. Based on this information and the income statement, supply the missing information using the percentage of
The balance sheet for the Heir Jordan Corporation follows. Based on this information and the income statement, supply the missing
information using the percentage of sales approach. Assume that accounts payable vary with sales, whereas notes payable do not.
Note: Leave no cells blank be certain to enter whenever the item is not a constant percentage of sales. Enter each answer as
a percent rounded to decimal places, eg
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