Question
Compute the following items for the cash flow statement a. Beginning Accounts Receivable $ 65,000 b. Cost of goods sold $110,000 Ending Accounts Receivable 68,000
Compute the following items for the cash flow statement a. Beginning Accounts Receivable $ 65,000 b. Cost of goods sold $110,000 Ending Accounts Receivable 68,000 Beginning Inventory balance 50,000 Credit sales for the period 110,000 Ending Inventory balance 45,000 Cash collections Beginning Accounts Payble 12,000 Ending Accounts Payable 14,000 Cash payments for inventory a. Cash collections from customers were $ For the data set provided below, make the required calculations to answer the questions and fill in the blanks. There are 10 empty fields/boxes below the chart. Put Answer 1 in the top box, Answer 2 in the second box, etc, ending with Answer 10 in the bottom box. (1 mark each) Company 2019 2020 Sales Sales Mkt. Shr Sales Mkt. Shr. Change (S) (9) (S) (96) (96) Skippy 762 35.36 777 answer 6 answer 9 Kraft 971 Onswer 2 answer 4 answer 7 6.6% PC 422 answer 3 answer 5 onsiver S 15.0% Total answer 1 100.00 2297 100.00 ansiver 10 B
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