Answer:
no cash was collected during the period
or
cash collections during the year are less than the amount of revenue recognized
Explanation:
For example if we had Accounts receivable beginning balance $ 250,000 and Sales of $ 500,000 are made on accounts then the Total Accounts receivable will be $ 750,000.
But out of the $ 500,000 sales only $300,00 cash is collected and the remaining $ 200,000 is still in the Accounts receivable balance so the ending Accounts receivable balance will be $ 250,000 + $200,000 = $ 450,000 which will be greater than beginning Accounts receivable balance.
So there are two possibilities either cash collections during the year are less than the amount of revenue recognized.
or
no cash was collected during the period.
Similarly it cannot be choice no 1 : collections during the period exceed the amount of revenue recognized
Because if more cash is collected then ending account receivable balance would be less than the beginning account receivable balance.
Choice no 3 is also wrong if cash collections are more than the ending accounts receivable balance would be less
Answer:
hack
Explanation:
hack into the system and move it off your perminate recorder you won't be able to delete it
It would be, 750 + 125 + 2,000 + 875 so the company's total assets is 3,750$
Hope this helps!
Answer:
$123,700
Explanation:
Calculation for the amount of the common fixed expense not traceable to the individual divisions
Using this formula
Common fixed expense not traceable= Total segment margin - Net operating income
Where,
Total segment margin =($86,100 +$50,300)
Net operating income=$12,700
Let plug in the formula
Common fixed expense not traceable= (86,100+50,300) - 12,700
Common fixed expense not traceable= 136,400 - 12,700
Common fixed expense not traceable
= 123,700
Therefore the amount of the common fixed expense not traceable to the individual divisions will be $123,700
