Please use the following projections for Top-A1 Inc.: Total sales of $155,000 Cost of goods...
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Accounting
Please use the following projections for Top-A1 Inc.: Total sales of $155,000 Cost of goods sold equal to 74.6 percent of sales Total expenses equal to 13.1 percent of sales Tax rate of 35 percent Beginning equity of $50,500 Beginning inventory of $11,500 Age of ending inventory of 62 days Minimum cash balance of $9,100 Accounts receivable of 32 days Fixed assets of $55,500 Accounts payable of 33 days The accounts payable are s(Round to the nearest dollar)
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