Answer:
$1,255,000
Explanation:
The increase in accounts receivable is the portion of the current year sales revenue that has not been received in cash, hence, the cash collected from customers in the year 2010 is simply the sales adjusted for the impact of accounts receivable as shown below:
cash collection=sales revenue+beginning accounts receivable-ending accounts receivable
sales revenue=$1,300,000
beginning accounts receivable=$120,000
closing accounts receivable=$165,000
cash collection=$1,300,000+$120,000-$165,000
cash collection=$1,255,000
Savings are for saving not spending
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Answer:
The survey conducted by the Bureau of Labor Statistics today will count Bonnie as not in the labor force .
Explanation:
" not in the labor force " -
The people who are not employed and even are not unemployed are called the " not in the labor force " .
The people who are present in this category are the -
- The people taking care of children ,
- people who are not working but searching for job ,
All of them fall in this category .
Hence , according to the survey , Bonnie is under the category of " not in the labor force " .
Explanation:
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