Question
Goldman Corporation (ZC) reported accounts receivable of $66 million at the end of its second fiscal quarter. Goldman had revenues of $72 million for its
Goldman Corporation (ZC) reported accounts receivable of $66 million at the end of its second fiscal quarter. Goldman had revenues of $72 million for its third fiscal quarter and reported accounts receivable of $55 million at the end of its third fiscal quarter. Based on this information, the amount of cash Goldman collected from customers during the third fiscal quarter is:
a.61 million USD
b. 72 million USD
c.83 million USD
d. 55 million USD
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The Sixth International Congress On Accounting 1952
Authors: Various
1st Edition
0367512807, 9780367512804
