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What were the consulting firm revenues for 2016

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Question: An OU consulting firm had accounts receivable of $70,000 on December 31, 2015. In 2016, the consulting firm collected $30,000 in fees from its clients. On December 31, 2016, it had accounts receivable of $100,000. On an accrual basis, what were the consulting firm's revenues for 2016?

Reference no: EM133535531

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