Exam (elaborations)
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34) On December 31, 20X6, the statements of financial position of the Power Company and the Pro Company are as follows: (in 000s) Power Pro (FV) Cash $ 500 $ 800 Accounts receivable 1,500 1,700 Inventories 2,000 1,500 Property, plant, and equipment (net) 2,500 4,000 $4,300 To...
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