Answer:
$1,160,000.00
Explanation:
The amount of cash received during the year is the total sales revenue minus the increase in accounts receivable which is the credit sales upon which payment was not received as well as the decrease in unearned sales revenue which is the sales revenue recorded in the year but its cash was received in the prior year.
Amount of cash received during the year=$1,200,000-$25,000-$15,000=
$ 1,160,000.00
The decrease in unearned sales revenue would a debit to unearned sales revenue and a credit to sales revenue, hence it has increased sales revenue
If an unintended increase in business inventories occurs: B. we can expect businesses to lower the level of production.
<h3>What is an
inventory?</h3>
An inventory can be defined as the raw materials that are used by a business firm (producer) for the manufacturing of finished goods, as well as goods that are in various stages to be made ready for sale to consumers.
In business management, we should expect businesses to lower the level of production when an unintended increase in business inventories occurs.
Read more on inventory here: brainly.com/question/24868116
The few rule the many. Hope this helped, have a great day! :D