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QUESTION
Using the following data from the comparative balance sheet of Goody Company.December 31, 2015December 31, 2014Accounts receivable$520,000$400,000Inventory$840,000$600,000Total
Using the following data from the comparative balance sheet of Goody Company.
December 31, 2015 December 31, 2014Accounts receivable $520,000 $400,000 Inventory $840,000 $600,000 Total assets $3,000,000 $2,500,000