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RTY Companys year-end balance sheet for 2018 and forecasted quarterly cash flows for 2019 are...

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Accounting

  1. RTY Companys year-end balance sheet for 2018 and forecasted quarterly cash flows for 2019 are given below. Company always pays for its purchases one quarter after the purchase. 50% of all sales are collected in the current quarter and 50% in the next quarter. Other expenses are paid in the current quarter.

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