1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mafiozo [28]
3 years ago
15

If sales revenue is $80 million and accounts receivable increased by $12 million, the amount of cash received from customers:

Business
1 answer:
Oksana_A [137]3 years ago
4 0
<span>If sales revenue is $80 million and accounts receivable increased by $12 million, the amount of cash received from customers is $68 million. 

Sales revenue = $80 million 
Accounts receivable increased by $12 million - accounts receivable is money that is owned to a business in a form of debt. 
Take the sales revenue and subtract the accounts receivable from it, so the amount that was paid to the company by the customers is $68 million. </span>
You might be interested in
Tarazzz Company manufactures computers. The following cost information for the manufacture of one computer has been compiled. Di
zalisa [80]

Answer:

Company net income will DECREASE by $2,000 if the order is accepted.

Explanation:

Company net income will DECREASE by $2,000 if the order is accepted.

Additional order will produce additional sales revenue of $150 per unit

The marginal cost for this order = Variable costs (Direct material + Direct labour + variable cost) =$152 per unit

Since the marginal cost ($152) is more than the revenue ($150)per unit, there will be a loss of $2 per unit.

So the net income of the company will DECREASE by $2000 ($2x 1000)

3 0
3 years ago
What are the fundamentals of a wealthy life?
Alenkinab [10]

Answer:

  • Avoiding debt.
  • Budgeting properly.
  • Setting short-term and long-term goals.
  • Investing in yourself.
  • Diversifying your assets.
  • An understanding of risk and reward

8 0
3 years ago
Read 2 more answers
The basic purpose of imposing legal reserve requirements on commercial banks is to: A. Assure the liquidity of commercial banks
Aliun [14]

Answer:

Provide a device through which the credit-creating activities of banks can be controlled

Explanation:

The legal reserve requirement is the minimum amount mandated by Central banks for banks to have as their minimum reserves.

The legal reserve requirement is used by the government as a means to control the supply of money in the economy.

If the central bank wants to reduce money supply, it increases the legal reserve requirement and if it wants to increase money supply, it reduces the legal reserve requirement.

A high reserve requirement reduces the amount that banks can make available for loans.

I hope my answer helps you

5 0
3 years ago
What is the problem with companies pursuing patents specifically to hinder, or prevent, competition?
Alekssandra [29.7K]

Answer:According to the article, when companies earn patents specifically to prevent competition, it hinders the innovation of products that might actually be better. For instance, Bruce Nolop describes how his company had to pay more attention to the "minefield of existing patents than on the expected value that we could bring to customers." Rosabeth Moss Kanter suggests a "use it or lose it" solution to this problem. She thinks that a company that patents an item would be forced to use the patented idea or product or risk losing the patent. This idea would encourage more competition and prevent patent abuse.

Explanation:

3 0
3 years ago
On April 23, Mrs. Y purchased a taxi business from Mr. M for a $60,000 lump-sum price. The business consisted of a two-year-old
vladimir2022 [97]

Answer:

Follows are the solution to the given points:

Explanation:

In point a:

It must allocate \$19000 for both the taxicab and \$41,000 for the rest of the license, the client list, and the company name registered.

Its cost of intangible material could be amortized for 180 months starting in April. (\frac{41,000}{180}) \times 9\ \ months = \$2,050 is her amortization deduction.

She could also use Section 179 to decrease her taxable money to \$17,890 (\$36,890 - \$19,000) but include her deduction.

Her taxable annual income is \$15,840 (\$17,890 - \$2,050).

In point b:

They must allocate \$19,000 for the taxi and\$41,000 for their licenses, the customer list as well as the business by interacting with people register. Its cost of the material could be depreciated for 180 months, starting in April.

(\frac{41,000}{180}) \times 9\ \ months = \$2,050  is her amortization deduction.

The taxable income here = \$0 (from \  \$17,100 -\$19,000) = -1,900.

Section 179 could be requested if another income is earned on the tax return (such as W-2 wages).

As all Section 179 is unpaid with other earned income, it is carried forward into the next year.

3 0
3 years ago
Other questions:
  • Match the types of databases to their meanings
    12·1 answer
  • What have modern entrepreneurs done to ensure longer terms of management?
    10·1 answer
  • In general, trademark protection prevents another firm from using the same or a similar name, logo, or other identifying charact
    14·1 answer
  • The management of Madeira Computing is considering the introduction of a wearable electronic device with the functionality of a
    14·1 answer
  • Deferred revenue is revenue that is a.not earned and the cash has not been received b.not earned but the cash has been received
    8·2 answers
  • Which of the following statements is correct?
    7·1 answer
  • We have said that strategic management is an evolution and a destination. What does this mean? Discuss in detail
    15·1 answer
  • LA Diversified Inc. recently paid its annual dividend of $3. Dividends have consistently grown at a rate of 3.8%. The stock has
    5·1 answer
  • An investor implements a collar strategy by purchasing 100 shares of the Tesla stock at a price of $840 per share, selling 100 c
    11·1 answer
  • One exabyte = 1,000 <br>A. petabytes <br>B.megabytes <br>C. gigabytes <br>D. nanobytes​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!