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Anon25 [30]
4 years ago
15

Hong Kong Clothiers reported revenue of $5,050,000 for its year ended December 31, 2021. Accounts receivable at December 31, 202

0 and 2021, were $321,000 and $354,300, respectively. Using the direct method for reporting cash flows from operating activities, Hong Kong Clothiers would report cash collected from customers of:
Business
1 answer:
poizon [28]4 years ago
7 0

Answer:

The answer is $5,016,700

Explanation:

Cash collected from customers is:

Revenue $5,050,000

Less: Increase in accounts receivable

Revenue is

Receivables at the beginning of the year is $321,000

Receivables at the end of the year is $354,300

There is an increase in the accounts receivable and the increase is

$354,300 - $321,000

$33,300

Therefore, amount collected from customers is:

$5,050,000 - $33,300

=$5,016,700

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If you invested $250 at 16% how much will have after 4.5 years
Iteru [2.4K]

Answer:

$180

Explanation:

$250 * 0.16 * 4.5 = $180

6 0
2 years ago
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If a bank purchases a security from the Federal Reserve System, reserves in the banking system ________ and the monetary base __
lbvjy [14]

Purchase of a security by the bank will decrease the reserves in the banking and as a result the monetary base will also decrease.

<u>Explanation:</u>

The federal reserve system is the central bank of the United States of America. It has certain measures under it's control to manage the supply of money in the economy.

One of those measures is the purchase and the selling of the securities. If the security is purchased by the bank from the Federal reserve system, it will decrease the money reserve in the banks. As a result of this the monetary base will decrease in the country also.

5 0
4 years ago
A woman arrives at the clinic for a pregnancy test. The first day of her last menstrual period (LMP) was February 14, 2013. Her
Aneli [31]

Answer:

a) November 21, 2013

Explanation:

The expected date of birth (EDB) would be calculated using Naegele's Rule and it is based on a normal 28 days menstrual cycle. The steps are as follows:

First, we need to identify the first day of the last menstrual period (LMP). Then we would count it back to three calendar months from that date. Finally, we would add 1 year and 7 days to that date.

In which case, the first day of LMP is February 14, 2013. Going back three months the date would be November 14, 2012. Finally, when we add 1 year and 7 days it would bring you to November 28, 2013, as the estimated due date.

5 0
3 years ago
Wat's 9+10? is it 21? i heard 21. Answer something and i'll vote brainliest
lubasha [3.4K]

The answer is NOT 21, it's 19.  

9+10=19

4 0
3 years ago
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Classifying a cost as either direct or indirect depends upon​ ________. A. whether a cost is fixed or variable B. whether the co
Yakvenalex [24]

Answer:

Classifying a cost as either direct or indirect depends upon B: whether the cost can be easily traced with the cost object

Explanation:

The classification of a cost as direct or indirect depends on the connection to the cost object. If the cost can be linked undeviatingly to the cost object, it is direct. On the contrary, if it can't be traced to the cost object it is indirect.

A. whether a cost is fixed or variable. Incorrect. A direct cost can be fixed or variable.

B. whether the cost can be easily traced with the cost object. Correct.

C. the behavior of the cost in response to volume changes. Incorrect. This is a variable cost (or fixed that changes in relevant range)

D. whether the cost is expensed in the period in which it is incurred. Incorrect.

6 0
4 years ago
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