INTERMEDIATE ACCOUNTING-NEXTGEN ACCESS
17th Edition
ISBN: 9781119659747
Author: Kieso
Publisher: WILEY
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What is the capital gain realized?
Suppose Columbia Sportswear Company had accounts receivable of $312,680,750 at January 1, 2018, and $225,953,480 at December 31, 2018. Assume sales revenue was $1,356,560,230 for the year 2018. What is the amount of cash receipts from customers in 2018?
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