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Fleetwood Corporation made sales of $750 million during 2021. Of this amount, Fleetwood collected cash...

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Accounting

Fleetwood Corporation made sales of $750 million during 2021. Of this amount, Fleetwood collected cash for $670 million. The company's cost of goods sold was $310 million, and all other expenses for the year totaled $225 million. Also during 2021, Fleetwood paid $430 million for its inventory and $285 million for everything else. Beginning cash was $100 million. a. How much was Fleetwood's net income for 2021? b. How much was Fleetwood's cash balance at the end of 2021? a. How much was Fleetwood's net income for 2021? Net income for 2021 in millions =
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Fleotwood Corporation made sales of $750 million during 2021. Of this amount, Fleetwood collected cash for $670 million. The company's cost of goods sold was $310 milition, and all other a. How much was Fleetwood's net income for 2021 ? b. How much was Fleetwood's cash balance at the end of 2021 ? a. How much was Fleetwoods net inoome for 2021 ? Net income for 2021 in milione

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