Posted: December 13th, 2016
Byfort Company reports the following in its financial statements:
2004
2005
Accounts Receivable, net
$ 34,289K
$ 29,678K
Net sales
$360,007K
$479,678K
How much did the company collect in cash from sales during 2005?
445,389
454,611
484,289
488,900
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