LO1. Selected numbers from financial statements of Zina are given in the below. Balance Sheets As...
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LO1. Selected numbers from financial statements of Zina are given in the below. Balance Sheets As of Dec. 31 Assets 2023 2022 Cash $3,456 $3,960 Accounts receivable 52,704 21,120 Inventory 40,896 25,608 Accounts payable 42,566 13,306 Income taxes payable 8,640 3,802 Retained earnings 27,130 15,893 Income Statements 2023 2022 Sales $484,992 $330,000 Cost of goods sold 266,976 213,840 Income Tax Expense 8,640 3,802 Net income $12,960 $5,702 How much did company collect cash from customers during 2023? al $516576 How much did company collect cash from customers during 2023? a) $516,576. b) $537,696. c) $235,392 d) $475,800. e) $453,408. LO1. Selected numbers from financial statements of Zina are given in the below. Balance Sheets As of Dec. 31 Assets 2023 2022 Cash $3,456 $3,960 Accounts receivable 52,704 21,120 Inventory 40,896 25,608 Accounts payable 42,566 13,306 Income taxes payable 8,640 3,802 Retained earnings 27,130 15,893 Income Statements 2023 2022 Sales $484,992 $330,000 Cost of goods sold 266,976 213,840 Income Tax Expense 8,640 3,802 Net income $12,960 $5,702 How much did company collect cash from customers during 2023? al $516576 How much did company collect cash from customers during 2023? a) $516,576. b) $537,696. c) $235,392 d) $475,800. e) $453,408.
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