The 4,000 accounts receivable of Miller Company have a total book value of $150,000. A CPA has selected and audited a sample of 100 accounts with a total book value of $3,700 and an audited value of $3,800.

Using the ratio estimation technique, the estimated total audited value of the population is.

$154,054.05

Explanation:

Given that

Number of account receivable = 4,000

Total book value = $150,000

Sample = 100 accounts

Total book value = $3,700

Audited value = $3,800

So, the estimated total audited value of the population is

= Total book value × audited value ÷ total book value

= $150,000 × $3,800 ÷ $3,700

= $154,054.05

Hence, the estimated total audited value is $154,054.05

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

the famous singer stefani joanne angelina germanotta is welly known as lady gaga