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Alexander Company Reported an Increase of $185,000 in Its Accounts

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Alexander Company reported an increase of $185,000 in its accounts receivable during the year. The company's statement of cash flows reported $500,000 of cash receipts from customers. What amount of net sales must Alexander have recorded?


Definitions:

Bedpan

A receptacle used by bedridden patients to facilitate defecation and urination.

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An infection in any part of the urinary system, including kidneys, bladder, or urethra, commonly caused by bacteria.

Micturition

The process of expelling urine from the bladder, commonly referred to as urination.

Foley Catheter

A thin, sterile tube inserted into the bladder to drain urine. It has a balloon at one end that is inflated to keep the catheter in place.

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