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Alpha University Press, Inc. had sales of $750,000

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January 13th, 2018

Alpha University Press, Inc. had sales of $750,000 during 20X1, 80% of them on credit and 20% for cash. During the year, accounts receivable increased from $60,000 to $80,000, an increase of $20,000. What amount of cash was received from customers during 20X1?

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