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Net income was $30,600.
2.
Sales on account were $377,000. Sales returns and allowances
amounted to $26,600.
3.
Cost of goods sold was $201,000.
4.
Net cash provided by operating activities was $58,500.
5.
Capital expenditures were $26,100, and cash dividends were $17,300.
Compute the following ratios at December 31, 2014.
Exercise 13-13
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