Solution: For Build-A-Bear Workshop, Inc., cash sales and sales on account were $200,000 and $680,000, respectively. During the year, Accounts Receivable increased by $20,000. Cash received from customers was:

Problem

For Build-A-Bear Workshop, Inc., cash sales and sales on account were $200,000 and $680,000, respectively. During the year, Accounts Receivable increased by $20,000. Cash received from customers was:

a. $220,000

b. $860,000

c. $880,000

d. $900,000