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antiseptic1488 [7]
1 year ago
14

During its first year of operations, puffin, incorporated reported sales revenue of $388,200 but only collected $308,000 in cash

from customers. at the end of the year, accounts receivable equals:________
Business
1 answer:
sp2606 [1]1 year ago
8 0

During its first year of operations, puffin incorporated reported sales revenue of $388,200 but only collected $308,000 in cash from customers. at the end of the year, accounts receivable equals:$80200.

Annual revenue is the amount of money your business earns from sales in a year. This does not include costs and expenses. To calculate annual sales, multiply the quantity of each product sold by the selling price, then add the annual sales for each product to arrive at the total annual sales.

A legal entity is an entity that exists legally separate from its owners, managers, operators, employees, and agents. Legal entities have the same powers as individuals, including the right to own and dispose of property, the power to sue and be sued, and the power to contract for a profit. A business example is an agriculture. An example transaction is a home sale.

Learn more about revenue  here

brainly.com/question/25623677

#SPJ4

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Crane Corporation's computation of cost of goods sold is:
slava [35]

Answer:

16.64 days

Explanation:

Given the above information, we will calculate the average days to sell inventories with the formula below;

Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100

Ending inventory = $72,000

Cost of goods sold = $432,800

Then, Average days to sell inventories

= [$72,000 / $432,800] × 100

= 16.64 days

Therefore, the average days to sell inventory for Fry are 16.64 days

5 0
3 years ago
The highest point of construction where rafters meet to form the roof is known as
svp [43]
Answer: the ridge board
5 0
3 years ago
Read 2 more answers
Which of the following manufacturing cost elements occurs in a process cost system? Direct materials. Direct labor. Manufacturin
olga2289 [7]

Answer:

Option D, Direct Materials, Direct Labor, & Manufacturing Overhead

Explanation:

Process costing with in a company is used as a method to assign manufacturing costs to the product units produced which are nearly identical.  

For all items manufactured in a manufacturing firm, some process related cost is common in all cases such as direct material cost, conversion cost, labor cost etc. Also these cost parameters are same from one department to other.

Hence, option D is correct

4 0
3 years ago
A(n) ________ is a specialized group of consumers with a structured set of relationships involving a particular brand, fellow cu
4vir4ik [10]

The answer is :- brand community.

A brand community is a particular kind of consumer group that has established ties with other brand users, other brand customers, and the product being used.

<h3>What exactly is a brand community?</h3>

A brand community, to put it simply, is the epitome of brand loyalty. People that are emotionally invested in your brand will buy from you, read your material, spread the word about you to their friends and family, and other things. But brand awareness is not the same as a brand community. The mere fact that someone is aware of your brand or has made a purchase from it does not imply that they are a member of your engaged or even engageable brand community. Instead, your brand community consists of people who like following your brand on social media, sharing your content and products with others, and subscribing to all of your company's updates.

To know more about brand community visit:

brainly.com/question/28149433

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7 0
2 years ago
Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes
MakcuM [25]

Answer:

Results are below.

Explanation:

<u>First, we need to allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.15*10,700= $12,305

<u>Now, we can determine the total manufacturing cost:</u>

Total manufacturing cost= 15,745 + 10,700 + 12,305

Total manufacturing cost= $38,750

<u>Finally, the unitary cost:</u>

Unitary cost= 38,750 / 1,550

Unitary cost= $25

4 0
3 years ago
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