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Cash sales for the year were 425000 the accounts receivable

Question - Phillips Company's accounts receivable were $250,000 at the beginning of the year and $300,000 at the end of the year. Cash sales for the year were $425,000. The accounts receivable turnover was 8 times. What were Phillips Company's total sales for the year?

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Accounting Basics: Cash sales for the year were 425000 the accounts receivable

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Accounting Basics: Cash sales for the year were 425000 the accounts receivable

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