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Alexander Company Reported an Increase of $185,000 in Its Accounts

Question 140

Multiple Choice

Alexander Company reported an increase of $185,000 in its accounts receivable during the year.The company's statement of cash flows reported $500,000 of cash received from customers.What amount of net sales must Alexander have recorded?


A) $315,000
B) $685,000
C) $500,000
D) $185,000

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