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The Following Selected Account Balances Appeared on the Financial Statements

Question 77

Multiple Choice

The following selected account balances appeared on the financial statements of the Washington Company: The following selected account balances appeared on the financial statements of the Washington Company: The Washington Company uses the direct method to calculate net cash flow from operating activities. Cash collections from customers are A) $56,000 B) $52,000 C) $60,000 D) $45,000 The Washington Company uses the direct method to calculate net cash flow from operating activities.
Cash collections from customers are


A) $56,000
B) $52,000
C) $60,000
D) $45,000

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