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The following information is available about the company: All sales during the year were on account. b. There was no change in the number of
The following information is available about the company: All sales during the year were on account. b. There was no change in the number of shares of common stock outstanding during the year. c. The interest expense on the income statement relates to the bonds payable; the amount of bonds outstanding did not change during the year. d. Selected balances at the beginning of the current year were: e. Selected financial ratios computed from the statements below for the current year are: Required: Compute the missing amounts on the company's financial statements
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