subject
Business, 10.03.2020 03:00 smithmorgan773p35885

The balance in Accounts Receivable was $ 650 comma 000 at the beginning of the year and $ 770 comma 000 at the end of the year. Credit sales for the year totaled $ 4 comma 120 comma 000. During the year, $ 420 comma 000 in customer accounts were written off. How much cash was collected from customers during the period?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:00
Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805
Answers: 1
question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
question
Business, 22.06.2019 19:30
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.
Answers: 2
question
Business, 23.06.2019 03:00
You are considering purchasing a company — assets, liabilities, warts, and all. you are aware that sometimes liabilities do not always show up on the balance sheet. discuss five examples of liabilities that may not be explicitly recognized on the balance sheet, making sure to explain why they are liabilities.
Answers: 1
You know the right answer?
The balance in Accounts Receivable was $ 650 comma 000 at the beginning of the year and $ 770 comma...
Questions
question
Biology, 25.09.2019 11:00
question
English, 25.09.2019 11:00
question
Mathematics, 25.09.2019 11:00
Questions on the website: 13722362