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Runway, a fashion clothing company, reported annual revenue of $500 million, total expenses of $100 million, and net income of $20 million. If accounts receivable
Runway, a fashion clothing company, reported annual revenue of $500 million, total expenses of $100 million, and net income of $20 million. If accounts receivable decreased by $25 million, how much cash did the company receive from its customers?
Group of answer choices
a. $45 million.
b. $500 million.
c. $525 million.
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