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Walton, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2019 $46,000 102,000 75,000 OA. 71.98%
Walton, Inc. provides the following data: Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2019 $46,000 102,000 75,000 OA. 71.98% OB. 50.62% O C. 61.93% OD. 45.68% 182,000 $405,000 Additional information for the year ending December 31, 2019: Net Credit Sales $540,000 Cost of Goods Sold 170,000 Interest Expense 20,000 Net Income 185,000 2018 $25,000 62,000 50,000 120,000 $257,000
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