Business
Business, 12.02.2020 01:32, Brayner14

The income statement for Noble Corporation reported sales of $390,000 for the year, all of which were on account, and net income of $89,000. Accounts receivable was $38,000 at the beginning of the year and $46,000 at the end of the year. Calculate cash collected from customers during the yearA. $398,000
B. $97,000
C. $382,000
D. $390,000

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 15:00, Jocelynrichards
Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive
Answers: 1
image
Business, 22.06.2019 19:30, sky81428
Which of the following occupations relate to a skill category of words and literacy
Answers: 1
image
Business, 22.06.2019 20:30, Picklehead1166
Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?
Answers: 1
image
Business, 22.06.2019 21:20, hailiemanuel3461
Which of the following best explains why large companies pay less for goods from wholesalers? a. large companies are able to pay for the goods they purchase in cash. b. large companies are able to increase the efficiency of wholesale production. c. large companies can buy all or most of a wholesaler's stock. d. large companies have better-paid employees who are better negotiators.
Answers: 2
Do you know the correct answer?
The income statement for Noble Corporation reported sales of $390,000 for the year, all of which wer...

Questions in other subjects: