subject
SAT, 26.11.2021 03:20 ansbert289

Mega screens, inc. , reports net sales of $3,200,000, cost of goods sold of $2,000,000, and income tax expense of $150,000 for the year ended december 31, 2021. Selected balance sheet accounts are as follows: mega screens, inc. Selected balance sheet data december 31 2021 2020 increase (i) or decrease (d) cash $ 150,000 $ 195,000 $ 45,000 (d) accounts receivable 285,000 230,000 55,000 (i) inventory 125,000 165,000 40,000 (d) accounts payable 120,000 137,000 17,000 (d) income tax payable 25,000 16,000 9,000 (i) required: calculate cash received from customers, cash paid to suppliers, and cash paid for income taxes.

ansver
Answers: 3

Another question on SAT

question
SAT, 22.06.2019 11:10
What is the best piece of financial advice in regard to the various investment and financial opportunities advertised?
Answers: 1
question
SAT, 26.06.2019 00:00
17 a tourist was planning a trip by car for travelling at some constant speed for 2.5 hours. however, he found that if he increases the speed by 20 km/h he can cover the same distance in 30 minutes less time than it was planned. what was the planned speed of the tourist, in km/h?
Answers: 1
question
SAT, 26.06.2019 06:30
Asking questions when something is unclear is part of?
Answers: 1
question
SAT, 29.06.2019 02:30
Certain gases in air are important natural resources that are used in welding. two of these gases are a. oxygen and argon b. hydrogen and fluorine c. chlorine and sulfur dioxide d. nitrogen and carbon dioxide
Answers: 2
You know the right answer?
Mega screens, inc. , reports net sales of $3,200,000, cost of goods sold of $2,000,000, and income t...
Questions
question
Chemistry, 26.10.2019 01:43
question
English, 26.10.2019 01:43
question
Mathematics, 26.10.2019 01:43
Questions on the website: 13722363