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Alla [95]
3 years ago
11

32. On December 31, 2016, Wellstone Company reported net income of $70,000 and sales of $210,000. The company also reported begi

nning and ending accounts receivable at $20,000 and $25,000, respectively. Wellstone will report cash collected from customers in its 2016 statement of cash flows (direct method) in the amount of: a.$215,000.
Business
1 answer:
Rom4ik [11]3 years ago
7 0

Answer:

$205,000

Explanation:

Sales = $210,000

Opening accounts receivables = $20,000

Ending accounts receivables = $25,000

Using the formula

Opening accounts receivables + Sales -  Cash collected = closing accounts receivables

$20,000 + $210,000 - Cash collected = $25,000

Cash collected = $20,000 + $210,000 -  $25,000

                         = $205,000

The cash collected from sales reduces the balance in the accounts receivables.

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Answer:

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Explanation:

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A fixed-period,  is that which is for a certain period of time. the annuity guarantees payments to the annuitant for a set length of time. example is about  10, 15, or 20 years and case payments will continue to be paid to the beneficiary until the time given or  period is due or when  account’s balance reaches zero.

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What are the three most critical components that a marketer needs to examine to segment a market effectively?
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1. Identifiability (and measurability)
2. Accessibility
3. Responsiveness

1. Identifiability
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2. Accessibility
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3. Responsiveness
    - the target market should be evaluated if they will respond (i.e. purchase)
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Alex_Xolod [135]
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Answer:

both blanks can be filled by <u>5%</u>

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