Answer:
$7,360
Explanation:
To determine the amount of cash inflow from customers open a Total Receivable Account and determine the Cash Balance.
Total Receivable T - Account
<u><em>Debit :</em></u>
Beginning Balance $1,920
Credit Sales $7,160
Total $9,080
<u><em>Credit :</em></u>
Uncollectable expense $500
Cash Received (Balancing figure) $7,360
Ending Balance $1,220
Total $9,080
Conclusion :
the amount of cash inflow from customers is $7,360
Answer:
The cost price is the price you buy a product for. You need to compare the cost price to the selling price to know whether you got a profit or loss (did you make money or did you not).
If you don't know the cost price, you don't know whether you have a profit or loss. Of course everyone wants a profit (make money) so to determine a selling price the cost price is important.
Answer:

Replacing the values that we have:

And solving for a we got:

So then the premium value for the insurance on this case should be 1840 dollars.
Explanation:
For this case we can define the random variable X as the gain ( in thousand of dollars) of insurance company
We assume that the premium clase charge and amount of a to the company and we know from the info given that:


represent the expected gain in thousand of dollars
The expected value of a random variable X is the n-th moment about zero of a probability density function f(x) if X is continuous, or the weighted average for a discrete probability distribution, if X is discrete.
And using the definition for a discrete random variable we know that :

Replacing the values that we have:

And solving for a we got:

So then the premium value for the insurance on this case should be 1840 dollars.
Answer:
customer relationship process
Explanation:
customer relationship process. a process that identifies, attracts, and builds relationships with external customers, and facilitates the placement of orders by customers, sometimes referred to as customer relationship management.