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Canadian Bacon Inc. financial statements are presented in the table below. Ba

Canadian Bacon Inc. financial statements are presented in the table below. Ba

Canadian Bacon Inc. financial statements are presented in the table below.

            Based on the information in the table, and using a 365-day year, calculate Average DayAc€?cs Cost of Goods Sold.

Round the answers to two decimal places

Balance Sheet December 31, 2011


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Cash and marketable securities $143,000 Accounts payable $278,000
Accounts receivable $354,000 Notes payable $87,000
Inventories $672,000 Accrued expenses $65,000
Prepaid expenses $12,500 Total current liabilities $430,000
Abhinav 03-Dec-2019

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