Use the Following Information to Determine a Firm's "Cash Build

Multiple Choice

Use the following information to determine a firm's "cash build:" net sales = $150,000; net income = $15,000; beginning-of-period accounts receivable = $60,000; end-of-period accounts receivable = $90,000; and interest = $10,000.

A) $10,000
B) $15,000
C) $30,000
D) $60,000
E) $120,000