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What the net profit and cash flow from this sale for year

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Question - National Co. has just ended the calendar year making a sale in the amount of P250000 of merchandise purchased during the year at a total cost of P150000. Although the firm paid in full for the merchandise during the year it only collected 10,000 at year end from the customer. What the net profit and cash flow from this sale for the year?

Reference no: EM133101064

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