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dangina [55]
3 years ago
14

The cash flows from operating activities are reported by the direct method on the statement of cash flows. Determine the followi

ng: a. If sales for the current year were $516,400 and accounts receivable decreased by $32,000 during the year, what was the amount of cash received from customers
Business
1 answer:
Elanso [62]3 years ago
7 0

Answer:

the Cash Received from Customers is $548,400

Explanation:

The computation of the cash amount received by the customers is as follows:

Cash Received from Customers is

= Sales + Decrease in Accounts Receivables

= $516,400 + $32,000

= $548,400

hence, the Cash Received from Customers is $548,400

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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Answer:

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This is known to be the first step that is been taken in a bid to get potential customers in a marketing process. Its made by of these marketers is firstly to qualify a recipient as a prospect and is other cases, someone who may have a need for your business products or services, or not. Its goal of is to develop a database of likely customers and then systematically communicate with them in the hopes of converting them from potential customer to current customer.

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A partial listing of costs incurred at archut corporation during september appears below: direct materials $ 113,000 utilities,
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Manufacturing overhead costs are indirect costs incurred in relation to the production.

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What is the difference between paper size and page margins in Word?
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Kryger [21]

An economist would BEST describe the scenario as : Barter system

<h3>What is a Barter system?</h3>

Barter system is when commodities are exchanged against commodities. It is an act of trading goods or services between two or more parties without the use of money.

This type of trading system is an old method of exchange practised for centuries and long before money was introduced.

Examples of barter system are :

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Therefore, an economist would BEST describe the above scenario as barter system because both Evie and her sister exchanged their items of value between themselves.

Learn more about barter system here : https://brainly.in/question/1821688

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