Parks Company reported an increase of $370,000 in its accounts receivable during the year 2015. The company's statement of cash flows for 2015 reported $1 million of cash received from customers. What amount of net sales must Parks have recorded in 2015
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Parks Company reported an increase of $370,000 in its accounts receivable during the year 2015. The company's statement of cash flows for ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Newman Company has both a contingent gain and a contingent loss that it judges to be highly probable to result in future cash flows, which it is able to reasonably estimate.
Answers (1)
A company's total marketing communications mix consists of a specific blend of advertising, sales promotion, public relations, personal selling, and direct-marketing tools that the company uses to communicate customer value and build customer
Answers (1)
Goyo Industries (a sole proprietorship) sold three § 1231 assets during 2019. Data on these property dispositions are as follows: Asset Cost Acquired Depreciation Sold For Sold On Machine #1 $85,000 08/31/15 $32,000 $60,000 12/04/19 Machine #2
Answers (1)
How long is spinach good after use by date?
Answers (1)
Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,800,000 shares issued; Additional Paid-in Capital, $16.20 million; Retained Earnings, $9.20 million; and Treasury Stock, 42,000 shares, $0.924 million.
Answers (1)
New Questions in Business
5. Calculating tax incidence Suppose that the U. S. government decides to charge beer producers a tax. Before the tax, 10 billion cases of beer were sold every year at a price of $4 per case.
Answers (1)
Read the sentence. Sandy wants a new bed but does not want to pay for it right away. Which is her best option? a debit card a gift card a paper check a credit card
Answers (1)
Your best friend is the valedictorian and has been asked to give a speech at the graduation ceremony. Which method of delivery is most appropriate for the occasion? A extemporaneous B impromptu C manuscript D memorized
Answers (2)
What do people supply in return for factor payments? A. Innovation, profit, or goods B. Land, labor, or capital C. Services, goods, or traditions D. Innovation, labor, or trade
Answers (2)
A company is considering a special order for 1,000 units to be priced at $8.90 (the normal price would be $11.50). The order would require specialized materials costing $4.00 per unit. Direct labor and variable factory overhead would cost $2.
Answers (1)