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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

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When a data point on a control chart falls above the upper control limit, the process being measured is exhibiting what type of
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The characteristic exhibited by the data point on a control chart that falls above the upper control limit is known as a <u>special cause variation</u><u>.</u>

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<h3>What is a special cause variation?</h3>

In statistics, a special cause variation refers to a shift in output caused by a specific factor like environmental factors, input parameters etc

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2 years ago
A company introduced a new low calorie version of one of its popular cold drinks. as a result, the sales of the original cold dr
sashaice [31]
This situation is known as cannibalization. Cannibalization is a marketing strategy that refers to the reduction company's see in there sales volume, revenue or market share of a current product when they release a new product. When a company releases a new product, those who are fans of their other products will likely try the new product instead of the hold which initially brings down the volume they sell and make from the initial product. 
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3 years ago
Meng Co. maintains a $300 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represe
tatuchka [14]

Answer:

What the answer jk

5 0
3 years ago
Read 2 more answers
Accounts receivable from sales transactions were $45,323 at the beginning of the year and $67,072 at the end of the year. Net in
leonid [27]

Answer:

a.$121,375

Explanation:

Increase in account receivable means there is more credit sales were made during the year than the cash received from the customers. So, cash will be used in the period by account recivables.

According to indirect method cash flow will be adjusted as follows

Net Income                                            $143,124

Net Increase in Rceivables                  ($21,749)

( $67,072 - $45,323)                            <u>                 </u>

Cash Flow from Operating Activites   <u> $121,375</u>

8 0
3 years ago
Read 2 more answers
A project will produce cash inflows of $5,400 a year for 3 years with a final cash inflow of $2,400 in Year 4. The project's ini
diamong [38]

Answer:

Net Present Value (NPV) is 506

Explanation:

See document attached.  To get the net present value,  we make a cash flow in excel.  

At moment 0 we have the investment cost , in this case $13,400. From period 1 to period 4, we have different incomes. Then, we calculate the Net cash flow that is the difference between benefits and cost.

To get  net present value,  we use VNA formula.  

=VNA(required rate of return; Net cash flow from moment 1 to moment 4 )+Net cash flow at moment 0

Download xlsx
6 0
3 years ago
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