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Alex Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 3 1 , 2 0
Alex Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December Alex Company reports the following activity:
Sales on account $
Cash sales
Decrease in accounts receivable
Increase in accounts payable
Increase in inventory
Cost of goods sold
What is the amount of cash collections from customers reported by Alex Company for the year ended December
Group of answer choices
$
$
$
$
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