The accounting staff of lambert company has assembled the following information for the year ended december 31 of the current year. the company uses the direct method fo creating a statement of cash flows. cash sales $ 759,000 credit sales 2,500,000 collections on accounts receivable 2,195,000 cash transferred from the money market fund to the general bank account 250,000 interest and dividends received 100,000 purchases (all on account) 1,800,000 payments on accounts payable to merchandise suppliers 1,470,000 cash payments for operating expenses 1,065,000 interest paid 180,000 income taxes paid 95,000 loans made to borrowers 500,000 collections on loans (excluding receipts of interest) 260,000 cash paid to acquire plant assets 3,100,000 book value of plant assets sold 662,700 loss on sales of plant assets 78,300 proceeds from issuing bonds payable 2,500,000 dividends paid 120,000 cash and cash equivalents, jan. 1 512,000 compute the amount of collections from customers.

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.

Bagwell's net income for the year ended december 31, year 2 was $189,000. information from bagwell's comparative balance sheets is given below. compute the cash received from the sale of its common stock during year 2. at december 31 year 2 year 1 common stock, $5 par value $ 504,000 $ 453,600 paid-in capital in excess of par 952,000 856,600 retained earnings 692,000 585,600