Below are amounts (in millions) from three companies' annual reports. Beginning Accounts Receivable Ending Accounts Receivable Net Sales WalCo $1,735 $2,682 $314,427 TarMart 5,766 6,294 59,878 CostGet 549 585 60,963 Required: 1.
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If the total assets of a business are $107,000 and its liabilities are $75,000, which of the following statements is correct? a. liabilities are $32,000 b. liabilities are $42,000 c. liabilities are $57,000 d. liabilities are $98,000
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