In 20X2, sales increased to $5,430,000 and the assets for that year were as follows:...
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In 20X2, sales increased to $5,430,000 and the assets for that year were as follows: Cash $ 104,000 Accounts receivable 991,000 Inventory 1,053,000 Net plant and equipment 591,000 Total assets $ 2,739,000 Compute the following: Note: Round your answers to 2 decimal places
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