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The company issued a $450,000,10%,3-year Notes payable on October 31,2018 . Interest and principal are due at the maturity date, October 31, 2021. Purchased $1,033,808
The company issued a $450,000,10%,3-year Notes payable on October 31,2018 . Interest and principal are due at the maturity date, October 31, 2021. Purchased $1,033,808 inventories from suppliers with $620,285 cash. The remaining balance is on account with credit term 2/15, n/60. The company paid $50,650 for shipping. Assume shipping costs are evenly allocated among all purchased units. 16 3/2/21 Paid cash dividends to shareholders. Paid \$1.473 utility consumed in October. Conduct a quick research on retail industry and compare the company with the ratios of your selected retailer investor and debt investor). You will also use these ratios to make operational decisions as a Flead: Compare the two companies and disucss your investment decisions as a stock invesntor and discuss your manager. investment decisions as a debt investor. To get financial information of other companies, you need to search for the company's 10.k filing from SEC. [https/i/www. sec.gow/edgar/searchedgar/companysearchi]. Type your analysis in the box below: Analyze the company's inventary and accounts receivable 2021 Read: Based on the ratios, cliscuss your future operation plans as the company's manager. Type your analysis in the hox helow
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