Info

Source: N. C. Hill and W. L. Sartoris, Short-Term Financial Management, 2d ed. (New York: Macmillan, 1992), p.15.

Item

Beginning

Ending

Average

Inventory

$2,000

$3,000

$2,500

Accounts receivable

1,600

2,000

1,800

Accounts payable

0 0

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