Boulevard, Inc

question 180

Multiple Choice

Boulevard, Inc. uses the direct method to prepare its statement of cash flows. Use the following information reported for 2019:
Sales Revenue, $45,000
Interest Revenue, $800
Accounts Receivable, beginning balance, $13,100
Accounts Receivable, ending balance, $27,000
There were no amounts reported for Interest Receivable.
Compute the total cash receipts.

• A) $27,000
• B) $58,100
• C) $31,900
• D) $13,100

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Definitions:

Dorsal Stream Damage

Damage to a pathway in the brain that processes spatial awareness and the movement of objects, leading to difficulties in visual localization.

Agnosia

A neurologic condition characterized by the inability to recognize and identify objects or persons, despite having intact sensory functions.

Carbon-monoxide Poisoning

A toxic condition that occurs from inhaling carbon monoxide gas, which can prevent the blood from carrying oxygen to cells, tissues, and organs.

Centre-surround

A principle often used in neurophysiology and vision science, describing how certain neurons in the visual system have receptive fields with a center region that responds one way (e.g., to light) and a surround region that responds in the opposite way.