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Problems 1. (Net credit) A company has accounts receivable of $1 million. Calculate the company's net credit and whether it is a net supplier or

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Problems 1. (Net credit) A company has accounts receivable of $1 million. Calculate the company's net credit and whether it is a net supplier or net user of trade credit if its accounts payable equals a. $600,000 b. $800,000 c. $1,000,000 d. $1,200,000

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