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Assume Sheehan uses the direct method to prepare the statement of cash flows. Credit sales totaled exist850,000, accounts receivable increased by exist60,000, and accounts payable
Assume Sheehan uses the direct method to prepare the statement of cash flows. Credit sales totaled exist850,000, accounts receivable increased by exist60,000, and accounts payable decreased by exist20,000. How much cash did the company collect from customers? A. exist850,000 B. exist910,000 C. exist790,000 D. exist810,000
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