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Global Satellite Corp. reported net sales of $450 million last year and generated a net income of $99 million. Last year's accounts receivable increased by
Global Satellite Corp. reported net sales of $450 million last year and generated a net income of $99 million. Last year's accounts receivable increased by $14 million. What is the maximum amount of cash that the Global Satellite Corp. recieved from sales last year?
a. 113 million
b. 218 million
c. 327 million
d. 436 million
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