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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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_____ asserted in an article in the Harvard Business Review that modern transportation and communications technologies are facil
Murrr4er [49]

Answer:

Theodore Levitt

Explanation:

Theodore Levitt was an American economist and professor at the prestigious Harvard Business School (Cambridge, Massachusetts). Also editor of the economic magazine Harvard Business Review (HBR) where they published their articles. It marked a milestone in creating the concept of "globalization" focused on an economic point of view, specifically in its article "Globalization of Markets" was where he referred to it for the first time, thanks to what became very popular and joined the currents of economist thinking.

5 0
3 years ago
On September 1, Kennedy Company loaned $100,000, at 12% annual interest, to a customer. Interest and principal will be collected
GenaCL600 [577]

Answer:c. Debit Interest Receivable, $4,000; credit Interest Revenue, $4,000.

Explanation:

The interest payable = Principal x Rate x Time (period)

= $100,000 x 12% x 4/12 ( September to December)

$100,000 x 0.12 x 1/3

$100,000 x 0.04

=$4000

Journal entry to record accrued interest at Year end for loan issued on sept 1st.

Date         Account titles                   Debit         Credit

Dec 31st     Interest Receivable        $4000

                  Interest   Revenue                                $4000

6 0
3 years ago
What type of control focuses on measuring a company’s products territories, customer groups, segments, trade channels, and order
suter [353]
The right answer for the question that is being asked and shown above is that: "Activity." The type of control focuses on measuring a company’s products territories, customer groups, segments, trade channels, and order sizes to help expand or eliminate any products or marketing activities is called the <span>Activity </span>
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3 years ago
The human resources department is happy to announce a career development workshop. the workshop will be led by joseph pelletier.
katrin2010 [14]

Based on the question provided above, there are no choices provided and I have found a similar question that has its choices which are;

-          Use only complex sentences

-          Correct run-on sentences

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-          Reduce sentence lengths

With the given choices, the correct answers are the following;

-          Correct run-on sentences – run on sentences should be corrected in order for the faulty sentences to be improved and revise as they contain two or more main clause or independent clause in which are being joined without any word to correct them and by this, it makes the readers confused.

-          Correct fragments – fragments should be corrected as these are sentences that are incomplete that makes the content of an information to lose its value as the information is incomplete.

-          Reduce sentence lengths – it is best to reduce sentence lengths so that the readers won’t find the reading material boring to read at and in the same time, make it more easy and attractive to read

8 0
3 years ago
How did the conflicts between labor unions and business capital evolve during the gilded age? be sure to address strikes, the ev
slavikrds [6]
The industry's progress was confronted with a tough attitude of trade unions which had taken strength after the war.
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It should also be noted that from the creation of the International Workers Association (IWA), the First World Trade union centre of the working class, the right to strike is recognised as one of the fundamental rights of the individual.Since then, representatives of workers from different countries jointly deal with the social problems that concerned them.
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