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The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that a sales were

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The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that a sales were on credit. Use this information to answer the question that follow Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total assets $ 30,000 20,000 15.000 185.000 $250,000

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