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) $15,000
B) $30,000
C) $60,000
D) $120,000
Correct Answer:
Verified
Correct Answer:
Verified
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