Solution-Compute cash receipts from customers

Compute cash receipts from customers

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1. Ambrosia Inc. reported sales of $2 million for 2012. Accounts receivable decreased $150,000 and accounts payable increased $300,000. Compute cash receipts from customers, assuming that the receivable and payable transactions are related to operations.

Reference no: EM131144898

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Compute cash receipts from customers : Ambrosia Inc. reported sales of $2 million for 2012. Accounts receivable decreased $150,000 and accounts payable increased $300,000.

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Compute cash receipts from customers

Reference no: EM131144898

Reference no: EM131144898

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