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The following information was available for the year ended December 31, 2022: Net sales Cost of goods sold Average accounts receivable for the year Accounts

The following information was available for the year ended December 31, 2022: Net sales Cost of goods sold Average accounts receivable for the year Accounts receivable at year-end Average inventory for the year Inventory at year-end The inventory turnover for 2022 was $240,000 160,000 10,000 12,000 40,000 50,000
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The following information was available for the year ended December 31, 2022

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