The Cash Flows from Operating Activities Are Reported by the Direct

question 48

Short Answer

The cash flows from operating activities are reported by the direct method on the statement of cash flows. Determine the following:
a. If sales for the current year were $800,000 and accounts receivable increased $36,000 during the year, what was the amount of cash received from customers?
b. If sales salaries expense for the current years was $110,000 and sales salaries payable decreased $30,000 during the year, what was the amount of cash payments for sales salaries?

Comprehend the role of households and firms in input and output markets.

Interpret data and graphs related to demand and supply changes.

Understand the process and mechanisms of light transduction into neural signals by rods and cones.

Comprehend the role of the iris and pupil in adjusting to different light conditions.

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Definitions:

System Backup

The process of copying or archiving data from a computer system to a secondary location to protect against data loss or corruption.

Program Files

Files that contain executable code or data that are part of software applications.

Redownload

The action of downloading again, often referring to software, apps, or any digital content previously acquired or installed.

Macro Virus

A type of malware that embeds itself within documents and executes malicious scripts when those documents are opened.