For Each of the Following Separate Cases, Use the Information

question 150

Essay

For each of the following separate cases, use the information provided to calculate the missing cash inflow or cash outflow:
(a)
$$\begin{array}{l}\begin{array} { | l | r | } \hline\text { Accourts receivable balances: }\\\hline \text { Beginning of year } & \$ 60,000 \\\hline \text { End of year } & 57,000 \\\hline \text { Sales revenue (all on credit) } & 375,000 \\\hline \text { Cash received from customers } & \$------ \\\hline\end{array}\end{array}$$ (b)
$$\begin{array}{l}\begin{array} { | l | r | } \hline \text { Accounts payable balances: }\\\hline \text { Begnning of year } & \$ 42,000 \\\hline \text { End of year } & 45,000 \\\hline \text { Merchandise inventory balances: } & \\\hline \text { Begnning of year } & 50,000 \\\hline \text { End of year } & 47,500 \\\hline \text { Cost of goods sold } & 250,000 \\\hline \text { Cash paid for merchardise inventory } & \$---- \\\hline\end{array}\end{array}$$ (c)
$$\begin{array}{l}\begin{array} { | l | r | } \hline \text { Interest payable balances: }\\\hline \text { Begnnirig of year } & { \$7 , 5 0 0 } \\\hline \text { End of year } & 9,200 \\\hline \text { Interest expense } & 35,000 \\\hline \text { Cash paid for interest } & \$--- \\\hline\end{array}\end{array}$$

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Definitions:

Heroin

An illegal, highly addictive opioid drug derived from morphine, often used recreationally for its euphoric effects.

Narrow Angle Glaucoma

A form of glaucoma where the angle between the cornea and iris is reduced, leading to increased intraocular pressure and potential vision loss.

Fruity Breath

A sweet, acetone-like odor of the breath that may indicate high levels of ketones in the body, often associated with diabetes.

Blood Sugar

The concentration of glucose present in the blood, an important energy source for the body's cells.