Ambrosia inc reported sales of 2 million for 2012 accounts


1. Ambrosia Inc. reported sales of $2 million for 2012. Accounts receivable decreased $150,000 and accounts payable increased $300,000. Compute cash receipts from customers, assuming that the receivable and payable transactions are related to operations. 

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Accounting Basics: Ambrosia inc reported sales of 2 million for 2012 accounts
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