Answer:
$178,000
Explanation:
<u>Cash received from customers:</u>
Sales on account 139,000
Beginning Account Receivable <u> 64,000 </u>
Total amount to be collected 203,000
Ending Account Receivable <u> (25,000) </u>
Received from customer 178,000
The beginning AR and the sales on account are all the cash we can collect for the period from our customer.
The ending AR is the amount not collected from. If we had collected all the ending account receivable should be zero. It has an ending balance, so some account weren't collected. We will subtract them from the total sales to be collected.
<em>The account payable: </em>Refers to debt form the firm to his suppliers. It has no relationship with the customer. Is irrelevant.
Answer:
The correct answer to the following question will be "$1.04/C$1".
Explanation:
The given values are:
U.S's spot rate = $1/C$1
Rate of inflation = 4%
Now,
According to Relative PPP, As Canada will have lower unemployment or inflation, its currency would appreciation by the gap in society, thus by 4%.
Hence,
New rate = 
= 
$
The answer is dual adaption marketing strategy. It is the adaptation of both the good and the communications to a local marketplace. For instance, when a business modifies their marketing communications for a local market, the method is recognized as communications adaptation.
Answer:
Total comprehensive income = $2,250,000
Explanation:
Note: See the attached excel file for the single, continuous multiple-step statement of comprehensive income for 2021.
Multiple-step income statement is an income statement that employs multiple subtractions in the process of calculating the net income. Multiple-step income statement shows the gross profit and separates the operating revenues and expenses from the nonoperating revenues, expenses, gains, and losses.
Answer:
This will result in move of the economy along the production possibilities frontier.
Explanation:
The production possibility frontier shows the various combinations of resources that can be used to produce two goods in an economy.
For example if hot dogs and hamburgers can be produced and if resources are used equally between them we can get 5:5 ratio of hotdogs to hamburgers.
If a discovery is made of the remarkable health benefits of hot dogs and there is change in consumer preferences, more of available resources will be used to produce hotdogs and less will be dedicated to hamburger production. The ratio of hotdogs to hamburgers may now be 8:2.
Below is an illustration of movement along the production possibility frontier.
