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How much did Byfort Company collect in cash from customers during 2016 based on the following in its financial statements: 2015 2016 Accounts Receivable, net
How much did Byfort Company collect in cash from customers during 2016 based on the following in its financial statements:
| 2015 | 2016 | |
| Accounts Receivable, net | $34,289 | $29,678 |
| Net Sales on credit | $360,007 | $450,000 |
Group of answer choices
$488,900
$445,389
$484,289
$454,611
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Investments Analysis And Management
Authors: Charles P. Jones, Gerald R. Jensen
14th Edition
1119578078, 978-1119578079
