Little Cow Construction Company is a mature firm that has a stable flow of business....
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Little Cow Construction Company is a mature firm that has a stable flow of business. The following data was taken from its financial statements last year. Use 365 days as your base. Identify the Deferral Period- round to the nearest whole day. Annual sales $9,700,000 Cost of goods sold $7,760,000 Inventory $2,700,000 Accounts receivable $2,200,000 Accounts payable $2,600,000 Multiple Choice 123 145 120 149
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