During the Year a Firm Reported That Accounts Receivable Had

question 41

Multiple Choice

During the year a firm reported that accounts receivable had increased by $35 000. If accrual basis sales were $200 000 the amount of cash received from customers during the year must have been:

• A) $165 000.
• B) $190 000.
• C) $210 000.
• D) $235 000.

---

Definitions:

Change Competency

refers to an individual's or organization's ability to effectively manage and adapt to change, ensuring resilience and agility in dynamic environments.

Indra Nooyi

Former CEO of PepsiCo and a highly influential business leader.

PepsiCo

A multinational food, snack, and beverage corporation known for products like Pepsi, Lay's, and Quaker.

Ethics Competency

The ability to understand and apply moral principles and standards to one's behavior and decisions in a work environment.