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At December 31 year-end, Cushion Corporation has a $10,000 note receivable from a customer Interest of 6% has accrued for 2 months on the hote.

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At December 31 year-end, Cushion Corporation has a $10,000 note receivable from a customer Interest of 6% has accrued for 2 months on the hote. What will Cushion's financial statements report for this situation at December 31? O A. The balance sheet will report the note receivable of $10,000-and interest receivable of $100 OB. The income statement will report a note receivable of $10,000 O C. Nothing because the business has not received the cash yet. OD. The balance sheet will report the note receivable of $10,000 Film Fan Photo reported the following figures on its December 31, 2018, income statement and balance sheet: (Click the icon to view the figures.) Compute the asset turnover ratio for 2018. Round to two decimal places. = Asset turnover ratio Net sales 450,000 Cash Accounts Receivable Merchandise Inventory Prepaid Expenses Property, plant, and equipment, net Dec. 31, 2018 Dec. 31, 2017 38,000 $ 27,000 44,000 80,000 81,000 69,000 13,000 7,000 126,000 11,000

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