Based on the following data for the current year, what is the number of days' sales in receivable? Net sales on account during year $578,168 Cost of goods sold during year 204,009 Accounts receivable, beginning of year 47,923 Accounts receivable,
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On January 1, 2017, Dagwood Company purchased at par 6% bonds having a maturity value of $300,000. They are dated January 1, 2017, and mature January 1, 2022, with interest received on January 1 of each year.
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