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A company reported the following details: Sales = $190,000 Increase in accounts receivable = $20,000 Increase in accounts payable = $25,000 Using the direct method,
A company reported the following details:
Sales = $190,000
Increase in accounts receivable = $20,000
Increase in accounts payable = $25,000
Using the direct method, how much is sales adjusted to a cash basis?
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