Given the following information, calculate the amount of sales. Total fixed assets = $400 Long-term liabilities = $155 Total liabilities = $280 Total equity = $320 NWC Turnover ratio = 20

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Given the following information, calculate the
amount of sales.
Total fixed assets = $400
Long-term liabilities = $155
Total liabilities = $280
Total equity = $320
NWC Turnover ratio = 20
Transcribed Image Text:Given the following information, calculate the amount of sales. Total fixed assets = $400 Long-term liabilities = $155 Total liabilities = $280 Total equity = $320 NWC Turnover ratio = 20
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