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Assume a Firm Generates $2,000 in Sales and Has a $500

Question 7

Multiple Choice

Assume a firm generates $2,000 in sales and has a $500 increase in accounts receivable during an accounting period.Based solely on this information,cash flow will increase by:


A) $2,500.
B) $2,000.
C) $1,500.
D) $500.

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