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Question - The following information was available for Novak Corp. At December 31, 2017: beginning inventory $78000; ending inventory $102000; cost of goods sold $684000; and sales $872000. Novak days in inventory (rounded) in 2017 was
a) 41.5 days.
b) 37.6 days.
c) 48.0 days.
d) 54.5 days.
Determine the break-even point
Prepare the appropriate journal entry to record Gallo Light's 2011 income taxes. Show calculations and T-accounts
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victor sold his personal residence to colleen and paid real estate taxes of 9450 for the year 3250 of which was
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