Cindy Crawford Inc. reported sales of ($ 2) million for 1996. Accounts receivable decreased ($ 100,000) and

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Cindy Crawford Inc. reported sales of \(\$ 2\) million for 1996. Accounts receivable decreased \(\$ 100,000\) and accounts payable increased \(\$ 300,000\). Compute cash receipts from customers, assuming that the receivable and payable transactions related to operations.

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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