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
Ksenya-84 [330]
3 years ago
15

The cash flows from operating activities are reported by the direct method on the statement of cash flows. Determine the followi

ng: If sales for the current year were $753,500 and accounts receivable decreased by $48,400 during the year, what was the amount of cash received from customers
Business
1 answer:
kow [346]3 years ago
8 0

Answer:

The answer is $801,900

Explanation:

Cash received from customers is a line item under operating activities in the cash flow. It is the total amount of money collected from customers for the period.

Cash received from customers equals sales plus decrease in accounts receivable.

Sales = $753,500

Decrease in accounts receivable = $48,400.

Therefore, Cash received from customers = $753,500 + $48,400

$801,900

You might be interested in
Water that can be reused without purification for watering your yard and can help reduce overall water usage is called _________
Paraphin [41]

The answer is “gray water”. Gray water is defined as the wastewater from showers and sinks, gray water can be used to water your yards. Gray water does not need purification to water your yard, it can even help in reducing one’s overall water usage at home.

8 0
3 years ago
If the borrower has a previous foreclosure, can he use FHA to purchase a new home?
snow_tiger [21]

Answer:

Yes he can use FHA

Explanation:

Because FHA Loans are the most forgiving of foreclosures. To qualify for an FHA mortgage loan, you must wait at least three years after the foreclosure. The three year clock starts ticking from the time that the foreclosure case has ended, usually from the date that you prior home was sold in the foreclosure preceeding. If the foreclosure also involved an FHA loan, the three year waiting periods starts from the date that FHA paid the prior lender on its claim

6 0
3 years ago
A company borrowed cash from the bank and signed a 6-year note at 7% annual interest. The present value for an annuity (series o
nikklg [1K]

Answer:

Explanation:

Present value of note = Annual payment x present value annuity factor

Annual payment = 8,400

PVAF = 4,7665

= $ 8,400 x 4.7665

= $ 40,038.60

So, the present value of note is $ 40,038.60

5 0
3 years ago
In every state, there is a government-subsidized university. This subsidy, in theory, would make it possible for tuition to be l
Hatshy [7]

Answer:

Explanation:

fhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

3 0
2 years ago
To increase living standards, public policy should a. ensure a greater degree of equality, taking all income-earners into accoun
padilas [110]

Answer:

c. ensure that workers are well educated and have the necessary tools and technology.

Explanation:

Living of standard is the living style of the people . It totally depends upon the necessary amount of money available with a person to meet out not only its basic needs but also have sufficient amount of money to meet out their luxurious needs as well.

Public policy is a policy made by the government to bring its decisions into actions with the help of public.

In order to increase the living standard , public policy should make sure that the workers working under the policy for the government are educated enough and they have proper knowledge about operating the necessary tools , equipments and technology .

5 0
3 years ago
Other questions:
  • In the week about to begin, a bank expects $30 million in incoming deposits, $20 million in deposit withdrawals, $15 million in
    5·1 answer
  • Linking rewards to performance ________.
    8·1 answer
  • Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?
    7·1 answer
  • The city of Hapeville announces that a new community college will be built in the city. Which is NOT a likely result of the new
    15·1 answer
  • Bulldog Holdings is a U.S.-based consumer electronics company. It owns smaller firms in Japan and Taiwan where most of its cell
    10·1 answer
  • If all monopolistically competitive firms had identical cost curves:_________.a. the industry would remain monopolistically comp
    9·1 answer
  • 1. When a person dies, arrangements will first be made to pay his or her final expenses, such as
    6·1 answer
  • The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorde
    13·1 answer
  • What type of segmentation categorizes consumers on the basis of the outcomes they hope to derive from a product or service
    15·1 answer
  • 5. One-year interest rates are 2% in the U.S. and 5% in Canada. “Jackie the carry trader” borrows $3,000,000 to execute a carry
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!