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Rashid [163]
3 years ago
7

Tim Company had sales of $30,000, increase in accounts payable of $5,000, decrease in accounts receivable of $1,000, increase in

inventories of $4,000, and depreciation expense of $4,000. What was the cash collected from customers?
Business
1 answer:
stepladder [879]3 years ago
7 0

Answer:

$31,000

Explanation:

The computation of the cash collected from customers is shown below:

Cash collected from customers = Sales + Decrease in accounts receivable

                                                    = $30,000 + $1,000

                                                    = $31,000

We simply added the sales and the Decrease in accounts receivable so that the accurate amount can come

All other information which is given is not relevant. Hence, ignored it

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Which of the following statements are correct concerning the present value of​ $1.00 five years from today discounted at​ 5%? I.
andre [41]

Answer:

1 and 3 option

Explanation:

Which of the following statements are correct concerning the present value of​ $1.00 five years from today discounted at​ 5%?  The present value is equal to​ $1.00 divided by 1.05 to the 5th power and If the discount rate were more than​ 5%, the present value would be smaller.

To calculate present value:The present value is equal to​ $1.00 divided by 1.05 to the 5th power, Therefore

Present value= the future value/(1+r)n    where n=5, r= 0.005 or 0.006

which will be 1/(1+0.05)5

                           =0.78

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3 years ago
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A balanced diet contains all the ingredients needed to maintain homeostasis. Many important compounds in the body contain nitrog
Tems11 [23]

Answer:

b. positive nitrogen balance  

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Positive nitrogen balance -

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What is the difference between total output and labour productivity?
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Answer:

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A one-year and two-year bonds currently pays 1.4% and 1.2%, respectively. What is the expected interest rate on a one-year bond
yulyashka [42]

Answer:

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Explanation:

The computation of the expected interest rate on a one year bond is shown below

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