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Shamrock, Inc. significantly reduced its requirements for credit sales. As a result, sales during the current year increased dramatically. It had receivables at the beginning
Shamrock, Inc. significantly reduced its requirements for credit sales. As a result, sales during the current year increased dramatically. It had receivables at the beginning of the year of $35,600 and ending receivables of $186,700. Credit sales were $400,400. Determine cash collections during the period.
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