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Margaret [11]
4 years ago
7

Newark Company has provided the following information: Cash sales, $500,000 Credit sales, $1,400,000 Selling and administrative

expenses, $380,000 Sales returns and allowances, $95,000 Gross profit, $1,410,000 Increase in accounts receivable, $60,000 Bad debt expense, $38,000 Sales discounts, $48,000 Net income, $1,030,000 How much cash was collected from customers
Business
1 answer:
USPshnik [31]4 years ago
4 0

Answer:

$1,840,000

Explanation:

The computation of the cash collected from customers is shown below:

Cash collected from customers = Cash sales + credit sales - increase in account receivable

= $500,000 + $1,400,000 - $60,000

= $1,900,000 - $60,000

= $1,840,000

By adding the cash sales, credit sales and deduct the increase in account receivable we can get the cash collected from customers and the same is shown above

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The Swivel Chair Company manufacturers a standard recliner. During February, the firm's Assembly Department started production o
ivanzaharov [21]

Answer:

54,000 chairs

Explanation:

The computation of the number of chairs at the beginning of the month is shown below:

Inventory at the beginning of the month = Units completed and transferred  + ending inventory units - Units started

= 180,000 chairs + 21,000 chairs - 147,000 chairs

= 54,000 chairs

We simply applied the above formula to find out the inventory at the beginning of the month

7 0
3 years ago
What does George’s master decide to do? Make George do field work March George across the country Help George become a gentleman
prohojiy [21]

Based on the events in the book, we know that George's master made George do field work.

This is from the book, Uncle Tom's Cabin.

<h3>What happens in Uncle Tom's Cabin?</h3>

George's master did not believe that George should be engaging in doing much else apart from working for him as he was his enslaved person.

He would therefore follow George to whatever activity he would be doing that wasn't field work to drag him back to the house to engage in field work.

In conclusion, option A is correct.

Find out more on Uncle Tom's Cabin at brainly.com/question/1623971.

6 0
3 years ago
​____ post ratings of products and services and contribute to and edit articles in wikis
Oksanka [162]
The answer is critics
7 0
3 years ago
Slim purchases equipment with cash. The accounts affected are:____.
Akimi4 [234]

Answer:

Option B, Cash and equipment, is the right answer.

Explanation:

Option “B” is correct because the purchase of equipment shows that the Equipment account debit and cash account credit. Here the debit of equipment account shows that the equipment has been increased and the cash account credit means the cash has been decreased. Therefore, both accounts, cash, and equipment will be affected. The equipment account will be increased while the cash account will be decreased.

5 0
3 years ago
Which type of retail space is most likely to have the highest degree of management involvement?
exis [7]

Regional type of retail space is most likely to have the highest degree of management involvement.

<h3>What is the Regional type and its type?</h3>
  • A region is an area of land that has common features.
  • A region can be defined by natural or artificial features.
  • Language, government, or religion can define a region, as can forests, wildlife, or climate. Regions, large or small, are the basic units of geography.

To learn more about regional, refer

to brainly.com/question/25689052

#SPJ4

5 0
2 years ago
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