Milton Toy Co. recorded sales of $2,500 and costs of $1,875. Net accounts receivable rose by $350 and net accounts payable declined by $240. What were cash sales minus cash costs?

A.

$625

B.

$35

C.

($110)

D.

$90

the answer is B but could you explain it? thank you!

Question

Milton Toy Co. recorded sales of $2,500 and costs of $1,875. Net accounts receivable rose by $350 and net accounts payable declined by $240. What were cash sales minus cash costs?

A.

$625

B.

$35

C.

($110)

D.	$90 the answer is B but could you explain it? thank you!

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