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Carducci Corporation Reported Net Sales of $3

Question 227

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

Correct Answer:

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