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Outback Corp

Question 8

Multiple Choice

Outback Corp. recorded sales of $1,300,000 in 2006, in addition the company's accounts receivable balance grew from $120,000 at the beginning of 2006 to $165,000 at the end of 2006. How much cash did Outback collect from customers in 2006?


A) $1,300,000
B) $1,345,000
C) $1,255,000
D) $1,135,000

Correct Answer:

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