Jerome Smith,Inc

question 20

Multiple Choice

Jerome Smith,Inc.began the year with $259,000 in accounts receivable and ended the year with $252,700 in accounts receivable.Sales for the year were $3,770,000.The cash collected from customers during the year amounted to:

• A)$3,763,700.
• B)$3,776,300.
• C)$4,022,700.
• D)$4,281,700.

---

Definitions:

Dominant

In genetics, a term to describe the ability of an allele for a trait to mask the presence of another allele.

Allele

A variation of a gene, resulting from mutation, that occurs in the same location on a chromosome, among two or more possibilities.

Blood Protein

Various proteins found in blood, serving functions such as transport, immunity, and regulation of bodily processes.

Oxygen

A chemical element with symbol O and atomic number 8, essential for most life forms on Earth as a component of water and as a necessary element for cellular respiration.