If Cash Collected from Customers for 2013 Is $780,000 and Accounts

question 166

Multiple Choice

If cash collected from customers for 2013 is $780,000 and accounts receivable increased by $20,000 during the year, what were sales for 2013?

• A) $600,000
• B) $780,000
• C) $800,000
• D) Cannot be determined from information given.

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Definitions:

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the body, such as heart rate, digestion, and respiratory rate.

Schachter And Singer Theory

A psychological model that suggests emotions are determined by physiological arousal and cognitive labeling of the cause of that arousal.

James-Lange Theory

A hypothesis suggesting that emotional experience is the result of physiological responses to external stimuli.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, involved in the body's fight-or-flight response.