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    Fundamental Accounting Principles Study Set 6
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    Exam 17: Analysis of Financial Statements
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    Carducci Corporation Reported Net Sales of $3
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Carducci Corporation Reported Net Sales of $3

Question 175

Question 175

Multiple Choice

Carducci Corporation reported Net sales of $3.6 million and beginning Total assets of $0.9 million and ending Total assets of 1.3 million.The average Total asset amount is:


A) $2.3 million.
B) $2.7 million.
C) $0.25 million.
D) $0.36 million.
E) $1.1 million.

Correct Answer:

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