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Milton Toy Co. recorded sales of $2,500 and costs of $1,875. Net accounts receivable rose by $350 and net accounts payable declined by $240. What
Milton Toy Co. recorded sales of $2,500 and costs of $1,875. Net accounts receivable rose by $350 and net accounts payable declined by $240. What were cash sales minus cash costs?
A. | $625 |
B. | $35 |
C. | ($110) |
D. | $90 the answer is B but could you explain it? thank you! |
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