Mathematics, 22.10.2019 22:00 nathalyviruete
Hong kong clothiers reported revenue of $5,000,000 for its year ended december 31, 2016. accounts receivable at december 31, 2015 and 2016, were $320,000 and $355,000, respectively. using the direct method for reporting cash flows from operating activities, hong kong clothiers would report cash collected from customers of: a) $5,045,000. b) $5,000,000. c) $4,965,000. d) $5,035,000.
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Hong kong clothiers reported revenue of $5,000,000 for its year ended december 31, 2016. accounts re...
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