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Could you please answer this question? I am in a hurry a little bit, so fast answer would be appreciated! Thank you! Question 13 (1
Could you please answer this question?
I am in a hurry a little bit, so fast answer would be appreciated!
Thank you!
Question 13 (1 point) Bonobo's activities for the year ended December 31, 2018 included the following: Income tax expense for the year was $30,000. Sales for the year were $650,000. Accounts payable decreased $10,000 in 2018. Selling and administration expenses for the year totaled $200,000. Accounts receivable increased $20,000 in 2018. The Company's cost of goods sold in 2018 was $325,000. The Company's inventory decreased $15,000 during the year. What is the cash receipts from customers under the direct method? $110,000 $630,000 $320,000 $670.000
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