Sales reported on the income statement totaled $750,000. The beginning balance in accounts receivable was $70,000. The ending balance in accounts receivable was $80,000. Under the direct method of determining the net cash provided by (used in) operating activities on the statement of cash flows, sales adjusted to a cash basis are:
A. $680,000
B. $830,000
C. $760,000
D. $740,000
Answer: D
You might also like to view...
Collaborative filtering gives marketers the ability to make a dead-on sales recommendation to a buyer in ________.
A. a manner of minutes B. virtual time C. click time D. real time E. bona fide time
What is the correct formula for B4?
a) =B1+B2+B3
b) =B1+B2-B3
c) =B1-B2+B3
d) =B1-B2-B3
e) =B1*B2/B3
Focus groups have become one of the major marketing research tools for getting insight into consumer thoughts and feelings. However, a researcher relying solely on focus groups would likely be most concerned about which of the following?
A) finding a convenience sample B) generalizing the results to the rest of the population C) administering the questions D) orchestrating cooperation among participants E) generating qualitative data
Cache types that are generally implemented on the same chip as the CPU include __________ and __________
Fill in the blank(s) with correct word