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The following data are for Julian Company, a retail merchandise store. Accounts payable 750 Accounts receivable 1,600 Cash 600 Cost of goods sold 18,000 Rent,

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The following data are for Julian Company, a retail merchandise store. Accounts payable 750 Accounts receivable 1,600 Cash 600 Cost of goods sold 18,000 Rent, depreciation, and other operating expenses 2,300 Equipment 6,000 Income tax expense 1,200 Interest expense 2,500 Long-term debt 30,000 Net income 6,000 All numbers are shown as positive amounts. You can tell from the label whether the items should be added, subtracted, or excluded from your calculations If Julian Company sells something for $1.00, on average how much does Julian pay to buy that thing

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