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You are analysing one of your clients' financial statements and it catches your attention the following figures: Net Sales 2019 = $3,000,000, Net Sales 2018

You are analysing one of your clients' financial statements and it catches your attention the following figures:

Net Sales 2019 = $3,000,000, Net Sales 2018 = $2,850,000

Gross Receivables 2019 = $375,000, Gross Receivables 2018 $315,000

Analyse and comment on these figures highlighting all possible reasons behind these numbers.

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