Exeter Enterprise Inc. reported net sales of $250 million last year and generated a net income of $55.00 million. Last year's accounts receivable increased by $35 million. What is the maximum amount of cash that Exeter Enterprise Inc. received from sales last year?
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Home » Business » Exeter Enterprise Inc. reported net sales of $250 million last year and generated a net income of $55.00 million. Last year's accounts receivable increased by $35 million. What is the maximum amount of cash that Exeter Enterprise Inc.