NAIMMCQ Economics A company had sales of $500 million, operating expenses of $50 million, and EBITDA of $25 million during the past year. At the same time, accounts receivable increased by $50 million. How much actual cash did the company receive during the year from its sales?

A company had sales of $500 million, operating expenses of $50 million, and EBITDA of $25 million during the past year. At the same time, accounts receivable increased by $50 million. How much actual cash did the company receive during the year from its sales?

Economics

A company had sales of $500 million, operating expenses of $50 million, and EBITDA of $25 million during the past year. At the same time, accounts receivable increased by $50 million. How much actual cash did the company receive during the year from its sales?

A) $0
B) ($25) million
C) $450 million
D) $500 million

Answer: C

NAIMMCQ

A company had sales of $500 million, operating expenses of $50 million, and EBITDA of $25 million during the past year. At the same time, accounts receivable increased by $50 million. How much actual cash did the company receive during the year from its sales?

A company had sales of $500 million, operating expenses of $50 million, and EBITDA of $25 million during the past year. At the same time, accounts receivable increased by $50 million. How much actual cash did the company receive during the year from its sales?

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