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    Exam 16: Understanding Corporate Annual Reports: Basic Financial Statements
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    Beth Company Reported Sales on Account of $250,000,an Increase in Inventory
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Beth Company Reported Sales on Account of $250,000,an Increase in Inventory

Question 98

Question 98

Multiple Choice

Beth Company reported sales on account of $250,000,an increase in inventory of $70,000,and a decrease in accounts receivable of $20,000.How much cash was collected from customers?


A) $180,000
B) $230,000
C) $270,000
D) $320,000

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