Lantz Company Has Provided the Following Information: • Cash Sales

question 91

Multiple Choice

Lantz Company has provided the following information: • Cash sales totaled $255,000.
• Credit sales totaled $479,000.
• Cash collections from customers for services yet to be provided totaled $88,000.
• A $22,000 loss from the sale of property and equipment occurred.
• Interest income was $7,700.
• Interest expense was $19,900.
• Supplies expense was $336,000.
• Rent expense for the store was $36,000.
• Wages expense was $49,000.
• Other operating expenses totaled $79,000.
• Unearned revenue was $4,000.

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What is the amount of Lantz's operating revenues?

• A)$734,000.
• B)$822,000.
• C)$826,000.
• D)$833,700.

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Definitions:

Female Genitalia

The external and internal reproductive organs and structures of the female body, including the vulva, vagina, uterus, fallopian tubes, and ovaries.

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A surgical procedure to replace a damaged or diseased mitral valve in the heart, often due to mitral valve stenosis or regurgitation.

Urine Output

A vital sign and measure of kidney function, reflecting the volume of urine excreted by the body over a specified period of time.

Post-Operative

Relating to the period immediately following a surgical operation, including recovery processes and care.