Data Solutions Reports Sales of $100 Million

question 124

Multiple Choice

Data Solutions reports sales of $100 million.Accounts receivable at the beginning and end of the year are $6 million and $9 million,respectively.What is the amount of cash received from customers?

• A)$100 million.
• B)$103 million.
• C)$97 million.
• D)$109 million.

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Definitions:

Total Costs

The complete amount of money spent on the production, operation, and distribution of a product or service, including both fixed and variable expenses.

Digital Intelligence

The collection and analysis of digital data to understand and predict consumer behavior, enhance user experience, and make informed business decisions.

IBM Way

A term that encapsulates the business philosophies, values, and practices that have characterized IBM's approach to business and innovation.

Planning Gap

A discrepancy between current performance levels and desired performance levels, indicating an area for strategic development.