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goldenfox [79]
3 years ago
14

Sheffield Corp. had credit sales of $1696000. The beginning accounts receivable balance was $175000 and the ending accounts rece

ivable balance was $297000. Using the direct method of reporting cash flows from operating activities, what were the cash collections from customers during the period
Business
1 answer:
Aleks04 [339]3 years ago
7 0

Answer:

$1,574,000

Explanation:

Cash collections from customers during the period using direct method is computed as;

= Credit sales + Beginning accounts receivables - Ending accounts receivables

= $1,696,000 + ($175,000 - $297,000)

= $1,692,000 - $122,000

= $1,574,000

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dybincka [34]

Answer:

1. In first example, supply curve moves to the left. Delivery curve moves to the left as supply is heading downward due to variables apart from rate change. In this scenario, the cost of output rises due to the current penalty, and vendors will be able to produce less at the same amount.

2. In second scenario, businesses are prosecuted for contaminating river water, rises in manufacturing prices and vendors will be able to produce worse at the same amount. The output curve then shifts for its left.

3. In third case the output curve will remain the same. That's since the quantities given does not change.

4. In this situation, the harm done by drilling must be cleaned up by the businesses. Hence, production cost rises, and vendors will be willing to provide worse at the provided price. The supply curves then shifts to the left.

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3 years ago
Concern about an international crisis has caused consumers to save their money and postpone big purchases. what is the effect on
noname [10]
Had to look for the options and here is my answer.
The issue about the international crisis made a great impact on consumers and this made them save their money and postponed big purchases. How this affected on aggregate demand and aggregate supply is that aggregate supply will decrease, which would lower both the price level and the real GDP. Hope this helps.
6 0
3 years ago
Read 2 more answers
40. If you could live anywhere, where would it be?
ozzi

Answer:

40. Somewhere peaceful surrounded by nature

42. i am actually not sure

5 0
2 years ago
Based on the following data for the current year, what is the number of days' sales in accounts receivable? Net sales on account
ki77a [65]

Answer:

25 Days

Explanation:

Average Account receivables:

= (Accounts receivables, beginning of year + Account receivables, end of year) ÷ 2

= (45,000 + 35,000) ÷ 2

= 40,000

Account Receivables Turnover = Net Sales on Account ÷ Average Account Receivables  

Account Receivables Turnover = 584,000 ÷ 40,000

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No. of Days Sales in Accounts Receivables:

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4 0
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Meredith, Linda, and Peter are working together in a project team at a home appliances company. They had to select two out of fi
I am Lyosha [343]

Answer:

a) avoiding

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b) Linda used the accommodation style as she gave in to Peter's demands for the choice of products. In this style, the individual values ​​the relationship with the other individual above his personal opinion, and therefore gives up on maintaining the conflict because of a situation that is less important to him than the maintenance of the relationship.

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3 years ago
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