Question
Molino Inc. reported sales revenue of $2 million for 2017. Accounts receivable decreased $200,000 and accounts payable increased $300,000. Compute cash receipts from customers, assuming
Molino Inc. reported sales revenue of $2 million for 2017. Accounts receivable decreased $200,000 and accounts payable increased $300,000. Compute cash receipts from customers, assuming that the receivable and payable transactions related to operations.
| Cash receipts from customers | $ |
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Fundamentals Of Strategy
Authors: Gerry Johnson, Kevan Scholes, Richard Whittington
2nd Edition
0273713108, 9780273713104
