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    Corporate Finance Study Set 12
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    Exam 8: Net Present Value and Capital Budgeting
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    Milton Toy Co
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Milton Toy Co

Question 19

Question 19

Multiple Choice

Milton Toy Co. recorded sales of $2,500 and costs of $1,875. Net accounts receivable rose by $350 and net accounts payable declined by $240. What were cash sales minus cash costs?


A) $625
B) $35
C) ($110)
D) $90

Correct Answer:

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