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Maurinko [17]
4 years ago
13

For each of the following items, calculate the cash sources or cash uses that should be recognized on the statement of cash flow

s for Baldin Co. for the year ended December 31, 2019: Required: a. Sales on account (all are collectible) amounted to $762,000, and accounts receivable decreased by $22,700. How much cash was collected from customers
Business
1 answer:
Serhud [2]4 years ago
5 0

Answer:

$784,700

Explanation:

Data provided

Revenue from sales = $762,000

Decrease in accounts receivables = $22,700

The computation of cash received from customers is shown below:-

Cash receipts from customers = Revenue from sales + Decrease in accounts receivables

= $762,000 + $22,700

= $784,700

Therefore for computing the cash received from customers we simply applied the above formula.

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Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response,
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Complete Question:

Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of ________ pricing.

Group of answer choices

A. prescriptive

B. dumping

C. multipoint

D. predatory

E. leader

Answer:

C. Multipoint.

Explanation:

In this scenario, Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of multipoint pricing.

A Multipoint pricing refers to the situation, where two or more firms compete and a firm's pricing strategy in one market (international trade) basically has an impact on the rival firm's pricing strategy in another market (international trade).

7 0
3 years ago
As secretary of state, Hillary Clinton wanted to change the behavior of nations. Her bid for president of the United States in 2
mezya [45]

Answer:

Power

Explanation: Hillary Clinton was the former secretary of State in United States of America, she was born October 24,1947. She is a diplomat,lawyer, politician and wife of the former president Bill Clinton. During her days as the first lady of the United States of America she worked and advocate for the health of the ordinary people through seeking health reforms.in 2006, she wanted to become the president of the United States of America and lead other countries and nations with Power.

6 0
3 years ago
Read 2 more answers
The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an
ladessa [460]

The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an organization's employees is called a <u>Human resource inventory</u>.

Human Resource Inventory is also known as the skills inventory which comprehensively lists down the basic information on all the employees working in an organization or a company.

This inventory has information on education, skills, experience, age, salary-related data, job preference, and special achievements of employees.

The information contained in the human resource inventory should also be used by recruiters to consider the individual for other job openings that might come up in the future.

Hence, the human resource inventory contains information of working employees.

To learn more about the Human resource inventory here:

brainly.com/question/15854313

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6 0
2 years ago
A feature common to both stock splits and stock dividends is
borishaifa [10]

Answer:

Is that there is no effect on total stakeholder's equity.

Explanation:

When existing shareholders are being paid dividends as shares rather than in cash it is known as stock dividends.

Stock split can be defined as the issuance of new shares to peculiar shareholders to create multiple shares and its always in proportion to their holdings in that particular firm.

A feature common to both stock splits and stock dividends is that there is no effect on total stakeholder's equity meaning that both parameters do not reduce it.

7 0
4 years ago
Read 2 more answers
Data for Corporation and its two divisions, Domestic and Foreign, appear below:
Oksana_A [137]

Answer:

the segment margin for the Domestic division is $162,200

Explanation:

The computation of the segment margin is as follows:

Segment Margin is

= Sales Revenues, Domestic - Variable Expenses, Domestic - Traceable Fixed Expenses, Domestic

= $541,000 - $314,000 - $64,800

= $162,200

Hence, the segment margin for the Domestic division is $162,200

6 0
3 years ago
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