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Hitman42 [59]
3 years ago
15

Hong kong clothiers reported revenue of $5,000,000 for its year ended december 31, 2016. accounts receivable at december 31, 201

5 and 2016, were $320,000 and $355,000, respectively. using the direct method for reporting cash flows from operating activities, hong kong clothiers would report cash collected from customers of:_________ a) $5,045,000. b) $5,000,000. c) $4,965,000. d) $5,035,000.
Business
1 answer:
Eddi Din [679]3 years ago
3 0

Answer:

C) $4,965,000.

Explanation:

cash collected form customers = accounts receivable beginning balance + total revenue - accounts receivable beginning balance = $320,000 + $5,000,000 - $355,000 = $4,965,000

The direct method only uses actual cash outflows and inflows to calculate the cash flow from operating activities.

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Medical clinic office: Medical case files of deceased patients. Which transfer method? explain your decision?
EleoNora [17]

Answer: Perpetual

Explanation:

It is best to use the perpetual transfer method because the medical case files on deceased patient should be transferred immediately seeing as the patient is no longer alive.

Using a periodic transfer method would mean that files are only transferred at certain times even though the patient may have been deceased for some time.

6 0
3 years ago
Is there a company in a specific industry that can get by without having any customer service? If so, why and how does that make
Artyom0805 [142]

Answer:

No

Explanation:

Customer service has a great impact on every business, every company must train it's staff on how to listen to customers and attend to their needs in a polite and professional manner.

A great customer service will keep customers happy and satisfied, this will in turn make them want to come back to do more business. A satisfied customer will go extra length to recommend others to the company but unsatisfied customer that feels that his needs weren't addressed properly or his request wasn't attended to, such customer will not likely but from the company and also bad mouth the company to others and this will leave a great impact on the company growth.

In summary, no company in a specific industry would survive or get by without having customer service as this is part of what makes a company grow.

4 0
3 years ago
Ayayai Inc. had the following balance sheet at December 31, 2019.
Mrrafil [7]

Answer:

(a) Increase in cash = $50,200

(b) Total Assets =  Liabilities and Stockholders' Equity = $298,900

Explanation:

Note: There are errors as date and name inconsistency in the requirements in this question. The requirements are therefore correctly stated before answering the question as follows:

(a) Prepare a statement of cash flows for the year 2020 for Ayayai Inc.

(b) Prepare the balance sheet as it would appear as of December 31, 2020.

The explanation of the answer is now provided as follows:

(a) Prepare a statement of cash flows for the year 2020 for Ayayai Inc.

Note: See part (a) of the attached excel file for the statement of cash flows for the year 2020 for Ayayai Inc.

In the attached excel file, we have:

Increase in cash = $50,200

(b) Prepare the balance sheet as it would appear as of December 31, 2020.

Note: See part (b) of the attached excel file for the balance sheet as it would appear as of December 31, 2020.

In the attached excel file, we have:

Total Assets =  Liabilities and Stockholders' Equity = $298,900

Download xlsx
8 0
2 years ago
select the correct answer. weight management is one benefit of participating in sports. which sentence is true regarding weight
aksik [14]

Regular participation in sports helps preserve muscle mass.

What is Weight Management ?

Weight management is the process of making long-term lifestyle changes to maintain a healthy body weight based on a person's age, gender, and height. Weight management techniques include maintaining a balanced diet and improving physical activity levels.

The overarching goals of weight loss and management are:

  • To avoid further weight gain. If prescribed, to lose weight.
  • To maintain a reduced body weight over time.
  • Specific targets can be set for each of these objectives.

Meal planning allows you to make healthier choices that are not driven by physical hunger. Plan home-cooked meals, with restaurant dining reserved for exceptional occasions. Packing low-calorie snacks such as fresh fruits, veggies, and whole grains will help regulate hunger throughout the day.

To know more about Weight Management

brainly.com/question/406615

#SPJ4

Complete Question :-

Weight management is one benefit of participating in sports. Which sentence is true regarding weight management?

  1. To lose weight you must burn fewer calories than you consume.
  2. Regular participation in sports helps preserve muscle mass.
  3. You burn more calories when engaged in a sports activity that is less intense.
  4. Sports can help you control your weight regardless of your diet.
5 0
1 year ago
HELP PLEASE, I WILL GIVE BRAINLIEST!!
anzhelika [568]

Answer:

1. Problem-solving skills.

2. leadership skills.

3. Attention to detail.

Hope this helps you....!

Explanation:

5 0
2 years ago
Read 2 more answers
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