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    Exam 17: Financial Statement Analysis
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    The Following Information Pertains to Auburn Company
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The Following Information Pertains to Auburn Company

Question 37

Question 37

Multiple Choice

The following information pertains to Auburn Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. The following information pertains to Auburn Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.     A)  9.3% B)  15.9% C)  24.0% D)  40.9%
The following information pertains to Auburn Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.     A)  9.3% B)  15.9% C)  24.0% D)  40.9%


A) 9.3%
B) 15.9%
C) 24.0%
D) 40.9%

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