calculate and identify cash flow. During 2011, Cameron Company had $300,000 in cash sales and $3,500,000 in credit sales. The...
csnvitcalculate and identify cash flow. During 2011, Cameron Company had $300,000 in cash sales and $3,500,000 in credit sales. The accounts receivable balances were $450,000 and $530,000 at December 31,2010 and 2011, respectively. What was the total cash collected from all customers during 2011? How should this cash be classified on the statement of cash flows?
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