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
Answer: False
The ICS which stands for Incident Command System is the standard procedure to be applied to all types of incidents. These incidents range from small emergencies up to the large and complicated situations or events. Some of the incidents that ICS can tackle are medical emergencies, both natural and unnatural disasters, terrorist attacks, chemical spills, traffic incidents, and so on.
Dress to impress is something near and dear your office you want for example if you are a nurse and dress like a doctor that means you want the position .
<u>Answer: </u>$500,000
<u>Explanation:</u>
The difference between the contract amount and cost incurred is the profit in this case.
Profit from the project = $20mn-$16mn
=$4mn
In the above mentioned project only 12.5% complete at the end of 20X5 ($2mn/$16mn). Total gross profit through the end of 20X5 is therefore
=$4mn x 12.5%
=$500,000
The $500,000 amount is the proportion of completion applied to the total contract profit of $4mn. This is the beginning year of contract so there is no previous profits or expenses that needs to be adjusted. The entire $500,000 gross profit is recognized in 20X5.
It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.
<h3>Who are
external users of financial accounting?</h3>
An investors is the most common external users of financial statements because they make and assess their investment decisions by using relevant financial information in a company's financial statements
But external users of financial accounting such as shareholders, boards also uses the financial accounting, therefore, It is a false statement that a financial accounting focuses on the needs of external users who get accounting information from general-purpose financial statements.
Read more about financial accounting
brainly.com/question/17401239
#SPJ1
