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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 received from customers.What amount of net sales must Alexander have recorded?

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Definitions:

Breach of Contract

The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.

Contaminated Salad

Salad that has been tainted with harmful substances or pathogens, such as bacteria or pesticides, posing health risks to consumers.

Carelessness

Lack of attention or diligence that can result in unintended harm or mistakes.

Negligence

The failure to take appropriate care in doing something, leading to damage or harm to someone else.

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