1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ioda
3 years ago
14

​Mid-Town Auto Parts Company uses the direct method to prepare its statement of cash flows. Refer to the following information r

eported for​ 2019: 1. Sales​ Revenue, $519,000 2. Accounts​ Receivable, beginning​ balance, $97,000 3. Accounts​ Receivable, ending​ balance, $65,000 Compute the collections from customers.
Business
1 answer:
Lera25 [3.4K]3 years ago
7 0

Answer:

Collection from Customers =$487,000

Explanation:

Collection from Customers=account receivable beginning balance+sales revenue-account receivable ending balance

=97000+$519,000-$65,000

=$487,000

You might be interested in
The Federal Application for Student Aid (FAFSA) form:
jarptica [38.1K]
Sorry im new to this
3 0
3 years ago
A broker just did something unethical , what did they do and what is it called ?
DochEvi [55]

Answer:Churning

Explanation: My teacher told us in class

6 0
2 years ago
An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labor to produce its total output of 640 un
beks73 [17]

Answer:

$0.1  

Explanation:

The per unit cost of a production is the sum of variable cost and fixed cost divided by the total number of units produced. The per unit cost is given by the formula:

Per unit cost = (Variable cost + Fixed cost) / Number of units produced

Variable cost = Cost of raw material = Units of raw material × Cost of each unit of raw material = 5 units × $4/unit = $20

Fixed cost = Cost of labor + Capital =(Units of capital × Cost of each unit of capital) + (Units of labor × Cost of each unit of labor)  = (8 units × $3/unit) + (2 units × $10/unit) = $24 + $20 = $44

Variable cost + Fixed cost = $20 + $44 = $64

Per-unit cost of production = (Variable cost + Fixed cost) / Total output = $64 / 640 = $0.1  

3 0
4 years ago
You want to be a venture capitalist (you have a lot of money to invest in other business that needed money) and recently identif
vfiekz [6]

Answer:

Invest money yourself and start a small venture capital company.

Explanation:

Venture capital is business financing strategy for startups which require high investments but also have high risk. The returns for such business is also high due to the risk exposure. These business have potential to grow beyond expectations. The investments is made by a person in the company to give it rise because of its long term growth potential. The solar power generation have trend that is gaining significance so investing in such a business is intelligent move.

6 0
3 years ago
If the expected sales volume for the current period is 7,000 units, the desired ending inventory is 400 units, and the beginning
Ksivusya [100]

Answer:

7,000 units

Explanation:

Calculation for the number of units set forth in the production budget, representing total production for the current period

Using this formula

Number of units =Current period +Ending inventory - Beginning inventory

Where,

Current period =7,000 units

Ending inventory=400 units

Beginning inventory =400 units

Let make plug in the formula above

Number of units =7,000 units + 400 units-400 units

Number of units =7,000 units

Therefore the Number of units will be 7,000 units

5 0
3 years ago
Other questions:
  • Sandhill Inc. has the following information related to an item in its ending inventory. Packit (Product # 874) has a cost of $76
    5·1 answer
  • What are the risks of foreign outsourcing?
    15·1 answer
  • While on a hike with a tour group in the mountains, Derek gets mauled by a bear. No previous reports of bears in the area had be
    11·1 answer
  • Jhkhkjhkjhkjhkjhhjhkjhkjhkjhkhkjhkjhkjhjk
    5·1 answer
  • A good investment should do one or both of which two things
    10·2 answers
  • Which of the following is an integral step in a pay-and-return scheme? A. Establish a shell company. B. Misappropriate the incom
    14·1 answer
  • Your aunt is about to retire, and she wants to sell some of her stock and buy an annuity that will provide her with income of $5
    15·1 answer
  • The purpose of using a balanced scorecard is for Multiple Choice companies to keep track of their wins and losses. companies to
    14·1 answer
  • Why might digital media be more effective than television ads?
    10·1 answer
  • For a conventional, conforming loan, the borrower is making a down payment of 12%. The seller wishes to contribute to closing co
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!