Question
Suppose a company has $15,200 in sales during a quarter. Over the quarter, accounts receivable increased by $9,500. What were cash collections?
Suppose a company has $15,200 in sales during a quarter. Over the quarter, accounts receivable increased by $9,500.
What were cash collections?
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
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