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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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Answer:

$4,000

Explanation:

The operating activities records daily activities of a business entity transactions such as depreciation expense, loss or profit on sale of long term assets, change in working capital etc.

With regards to the above scenario, there is a loss of $4,000 on the sale of equipment whilst same was recorded under the operating activity section as positive.

It is to be noted that the sale and equipment of an equipment falls under investing activity section hence shod be recorded therein as such, reason it was not considered here.

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andreev551 [17]

Answer:

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<em>c. Less demand means more options for buyers.</em>

<em> d. Less demand means less competition with other buyers.</em>

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<h3>What is the importance of different ways of communicating?</h3>

Communication style can have a big impact good or bad on your ability to lead teams and organizations. Improving the ability to adapt your style to meet your team's needs will help create a positive outcome for the company.

There are four basic types of communication: inactivity, aggression, inaction and aggression. It is important to understand each communication style, and why people use it.

Thus, this is the importance of Communication style.

Learn more about Communication style here:

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