Answer:
The amount of cash collections from customers reported by Alex company for the year ended December 31, 2018 is $4,125,000.
Explanation:
Cash collection refers to the collection of cash from from an individual or a business whom invoice has been issued to. Any invoice unpaid are noted as being outstanding.
Cash collection fomular is therefore;
Cash collection = Sales on account + Cash sales + Decrease in accounts receivable
=$2,100,000 +$1,110,000 + $915,000
=$4,125,000
<span>They sell and deliver in smaller quantities to "Retailers" and charge more per unit.
Hope this helped :)</span>
The use of teams in the workplace has increased so dramatically because using team work will enable a company to take on additional works without having to employ more staff. This will result in more revenue and profits for the company. Using team work has some great benefits, which include: increased efficiency, idea generation, enhanced communication, support network, shared workload and a great learning experience.
Answer: The answer has been attached
Explanation:
A balance sheet also referred to as the statement of financial position is a summary of financial balances of an organization.
Kindly note that in the attached diagram, an asset are the resources owned by the company which have future economic value while a liability is something that a person or a company owes usually a sum of money.
The solution has been attached.