A firm reports the following financials. Year 0 1 2 3 4 5 6 Reported Sales (=Net
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A firm reports the following financials.
Year 0 1 2 3 4 5 6 Reported Sales (=Net Income) $0 $100 $100 $300 $300 $100 $0 Reported Accounts Receivable $0 $100 $120 $340 $320 $120 $0 Can you describe the firm’s customer payment patterns? Extract the cash flows.
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