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What is the common-base year value of accounts receivable

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Question - Last year, which is used as the base year, a firm had cash of $1 55, accounts receivable of $565, inventor} of $245, and net fixed assets of $845. This year, the firm has cash of $195, accounts receivable of $585, inventory of $325, and net fixed assets of $965.

Required -

1. What is the common-base year value of accounts receivable?

2. What is the common-base year value of cash?

3. What is the common-base year value of net fixed assets?

Reference no: EM133139258

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