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Sales fror the year were $650,000. Trade receivables were $45,000 and $50,000 at the beginning and end of the year, respectively. Cash received from customers
Sales fror the year were $650,000. Trade receivables were $45,000 and $50,000 at the beginning and end of the year, respectively. Cash received from customers to be reported on the cash flow statement using direct methon is
a. $600,000
b. $645,000
c $605,000
d, $655,000
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