Question
During 2017 Sunland Company had sales on account of $788000, cash sales of $317000, and collections on account of $522000. In addition, they collected $9900
During 2017 Sunland Company had sales on account of $788000, cash sales of $317000, and collections on account of $522000. In addition, they collected $9900 which had been written off as uncollectible in 2016. As a result of these transactions the change in the accounts receivable indicates a
$256100 increase.
$266000 increase.
$581000 increase.
$583000 increase.
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Optimization Methods In Finance
Authors: Gérard Cornuéjols, Javier Peña, Reha Tütüncü
2nd Edition
1107056748, 9781107056749
