Answer:
a.$520,000
Explanation:
Amount($)
Sales for the year 500,000
Opening accounts receivable 100,000
Closing accounts receivable <u> (80,000)</u>
Cash received from customers <u> 520,000</u>
Cash received from customers to be reported on the cash flow statement using the direct method is $520,000.
Cash flow statements are usually stated using the direct method or indirect method.
By definition, GDP per capita is an economic term wherein it is the result when the total GDP (Gross Domestic Product) of a country is divided by the total number of population in that country. Therefore, a higher GDP per capital would most likely indicate that there is also a higher standard of living.
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Poster Panels is the correct answer.
An outdoor structure having a standardized size surface on which advertising posters may be posted.
"Poster panel" or ”billboard” means a sign, generally known as outdoor advertising, mounted on a permanent or semi-permanent structure and depicting information not directly related to the property upon which it is placed. Except where a specific distinction is drawn, the term “billboard” includes “poster panel".
Poster panel means a single or double faced non-accessory sign which is used for the display of a message produced on sheet paper and applied to the sign face or painted directly onto the sign face.
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Answer:
The correct answer is B.
Explanation:
Giving the following information:
How much would $100, growing at 5% per year, be worth after 75 years?
We need to use the following formula to calculate the final value.
FV= PV*(1+i)^n
FV= 100*(1+0.05)^75
FV= $3,883.27