Compute companies accounting net income

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Use following to compute companies accounting net income:

credit sales = 800,000

cash sales = 500,000

operating expenses on credit = 200,000

cash operating expenses =700,000

A/R Bewginning of year = 50,000

A/R End of Year = 80,000

A/P Beginning of year = 50,000

A/P end of year = 100,000

tax rate = 40%

Reference no: EM131179703

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