Answer:
$31,000
Explanation:
decrease in accounts receivable = $1,000
Sales = $30,000
Cash collected from customers = Sales plus decrease in accounts receivables
= $30,000 + $1000
= $31,000
The decrease in account receivables represents the collection of cash from a customer. If sales amount to $30,000, all must have been collected in cash hence no amount was outstanding to increase receivables. Hence the addition of the two items gives the cash collected from customers.
Answer:
A periodic inventory method is a method where the inventory account is adjusted at the end of each accounting period and not continuously as with the perpetual method. All inventory purchased is recorded to a purchases account. Cost of goods sold is calculated by adding purchases to beginning inventory and then subtracting ending inventory. The following journal entries are examples of how to account for inventory under a periodic management method.
explanation:
Answer:
The answer is letter C
Explanation:
The quantity of goods or services that can be produced by one hour of work
From the critical path that's given, the total crashing cost will be $530.
<h3>What is a critical path?</h3>
A critical path simply means the longest sequence of tasks that one will have to complete in order to complete a project.
In this case, from the information given, the critical path will be:
= 0 + $130 + $400
= $530
In conclusion, the correct option will be $530.
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