What Was the Sales Volume in the Current Quarter If

question 106

Multiple Choice

What was the sales volume in the current quarter if beginning accounts receivable, at $5,000, was $1,000 higher than ending, and $20,000 was collected?

• A)$19,000
• B)$20,000
• C)$21,000
• D)$24,000 Ending accounts receivable = Beginning accounts receivable + sales - collections
• $4,000 = $5,000 + sales - $20,000

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Definitions:

Internal Locus

A psychological concept where an individual believes they can control their life and outcomes.

Control

The power to influence or direct people's behavior or the course of events.

Immune System

The body's defense mechanism against infections, diseases, and foreign substances, comprising various organs, cells, and proteins.

White Blood Cells

Components of the immune system that defend the body against infectious disease and foreign materials.