Answer: $118,000 ;
show the bank has collected a note receivable for the customer
Explanation:
Based on the information given in the question, we can see that there is a reduction in the accounts receivables which will be:
= $40,000 - $32,000
= $8,000
This will then be added to the bet income in order to get the value for the cash flows from operating activities which will be:
= $110,000 + $8,000
= $118,000
Credit memo shows the payment or interest for a particular thing. This can be used to show that a particular bank has received a note, also can be used to show that an interest has been earned on the deposit made. Therefore, the correct option is "show the bank has collected a note receivable for the customer"
The answer would be convenience
I believe the answer is: A. 7 stops
Urban areas usually require one transits every 1/4 mile as its bare minimum (which is around 4 stops in one mile). This large amount exist because in urban areas such as new york , most of the people actually do not own a personal vehicles and public transportation are their main method of travel.
