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Alexxx [7]
3 years ago
12

Sales reported on the income statement were $690,000. The accounts receivable balance declined $39,000 over the year. Determine

the amount of cash received from customers. $fill in the blank 1
Business
1 answer:
koban [17]3 years ago
8 0

The amount of cash received from customers is 729,000

<h3>What is income statement?</h3>

An income statement is a financial statement that shows you the company's income and expenditures

Cash received from customers

= Sales + Decline in receivable balance

= $690,000 + $39,000

= $729,000

Hence, the amount of cash received from customers is $729,000

Learn more about income statement here : brainly.com/question/21851842

#SPJ1

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sasha rents a market stall selling jewellery. she makes most of her jewellery herself but she also buys in items from large manu
KonstantinChe [14]

Answer: variable costs cost which can be changed by time according to the produced product is known as variable cost. 2. Identify ...

Explanation: She makes most of the jewelry herself but she also buys items from large manufacturers. Her only other variable cost is her pay off her.

7 0
3 years ago
Personal selling refers to
Mrac [35]

Answer:

The answer is option A)Personal selling refers to:  A customer-directed flow of communications, often in a face-to-face encounter, designed to promote a product with the purpose of making a sale.

Explanation:

Personal selling involves a face to face approach encounter with customers. In advertising, Personal selling involves the use of marketers with great interpersonal and sales skills employed to promote a product offering in the field where they can interface one on one with customers for the purpose of generating sales.

This supports the definition of personal selling as a customer-directed flow of communications, often in a face-to-face encounter, designed to promote a product with the purpose of making a sale.

3 0
3 years ago
Seedbed preparation <br> activities<br> 1.cleared the area
GREYUIT [131]
Get your supplies lay them out and start your seed preparing with paper towel water and the seeds
6 0
2 years ago
ou are valuing a company that is projected to generate a free cash flow of $10 million next year, growing at a stable 3.0% rate
mafiozo [28]

Answer:

Each share worth is $2.59

Explanation:

According to the given data we have the following:

D1 = Cash Flow at the end of year 1 = $ 10 million

r = Cost of Capital = 10% = 0.1

g = perpetual growth of cash flows

Hence, The present value of Cash Flows = D1/(r-g)

= 10/(0.1-0.03)

=10/0.07

= $ 142.8571428571 million

= $ 142.86 million

To find the equity value we need to remove the net debt from cash flows

Net Debt = Debt - Cash

= 22 - 8.5

= $ 13.5 million

Now net cash flows = Cash Flows - Net Debt

= 142.86 - 13.5

= $ 129.36 million

Therefore, each share worth = Present Value of Cash Flow / No of Outstanding Shares

= 129.36 / 50 (Both values are in millions so the zeros are ignored)

= 2.5872

= $2.59

Each share worth is $2.59

3 0
3 years ago
Elaborate on any three internal factors of Jessops’ Group Limited that can influence its functioning
Mariulka [41]

Answer:

The internal factors are factors that are under the control of the company and these can be tangible or intangible in nature.

Explanation:

Examples of three internal factors of Jessops’ Group Limited that can influence its functioning are:

1. Assets of the company: the company has over 200 stores around the UK, and also has an online shop and call center. This will make the company to serve a wide base of customers which can increase the revenue of the UK’s premier photographic retailer.

2. Photo and imaging business: This is a business line which is a key part of the company's product portfolio. The decision of the company to focus its attention on making its imaging business the market leader is because of the stability in its margins during the 2008–09 economic recession in the UK.

3. Participation and investment in social responsibility: The response of the company to the Waste Electrical and Electronic Equipment (WEEE) regulations on the disposal of electronic goods at the end of their life by contributing towards a national fund to assist local councils to develop collection facilities for electronic goods is an example of social responsibility. The creation of a convenient battery recycling points in its stores and effort to increase awareness of the WEEE regulations are part of social responsibility functions that will be seen more favorably by consumers. This can therefore increase the sales of the company.

4 0
3 years ago
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