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lara [203]
3 years ago
14

Parks Company reported an increase of $370,000 in its accounts receivable during the year 2015. The company's statement of cash

flows for 2015 reported $1 million of cash received from customers. What amount of net sales must Parks have recorded in 2015
Business
1 answer:
Serjik [45]3 years ago
3 0

Answer:

The answer is $1,370,000

Explanation:

Cash received from customers = net sales(revenue) minus increase in accounts receivable.

So to find net sales, we rewrite the formula:

Net sales (revenue) = cash received from customers plus increase in accounts receivable.

=$1,000,000 + $370,000

= $1,370,000.

So Parks Company recorded a net sales of $1,370,000 in 2015

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A stock currently sells for $49. the dividend yield is 3. 8 percent and the dividend growth rate is 5. 1 percent. What is the am
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If a stock currently sells for $49. tThe amount of the dividend that was just paid is $1.77.

A inventory is a fashionable term used to describe the ownership certificate of any business enterprise. A percentage, on the other hand, refers to the inventory certificate of a selected organization. maintaining a particular organization's percentage makes you a shareholder.

A coins dividend is the distribution of budget or cash paid to stockholders generally as a part of the employer's present day income or accrued income. cash dividends are paid at once in money, as opposed to being paid as a inventory dividend or other form of cost.

Dividend yield=Annual Dividend next year/Current price

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⇒$1.862/1.051

⇒$1.77        (Approx)

Learn more about stock market here:-brainly.com/question/690070

#SPJ4

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Cheers.  

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3 years ago
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