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What amount of net sales must range have recorded

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Problem 1: Range Company reported a decrease of $150,000 in its accounts receivable during the year 2029. The company's statement of cash-flows for 2029 reported $730,000 of cash received from customers. What amount of net sales must Range have recorded in 2029?

Option 1: $880,000

Option 2: $730,000

Option 3: $580,000

Option 4: $150,000

Reference no: EM132694897

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