Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN: 9781337485913
Author: BROOKS
Publisher: Cengage
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What is the amount of liabilities for Jassi?
Felton Industries reported Net sales of $4.2 million,
beginning total assets of $1.1 million, and ending total
assets of $1.5 million.
The average total asset amount is:
A. $0.40 million
B. $2.80 million
C. $0.30 million
D. $2.40 million
E. $1.30 million
Subject: Accounting
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