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Two Years Of Financial Statement Data For The Munich Export Corporation Are Shown Below Calculate The

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MUNICH EXPORTS CORPORATION
BALANCE SHEET
2015
2016
Cash
$ 50.000
$ 50.000
Accounts receivable
200,000
300,000
Imentories
450.000
570.000
Total current assets
700,000
920.000
Fixed assets, net
300,000
380,000
Total assets
$1,000,000
$1 300,000Financial Accounting