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Question 6 (1 point) Harbinger Corporation reports the following balances: As of 12/31/20 70,000 As of 12/31/19 80,000 Accounts Receivable (Gross) Inventory Accounts Payable Unearned
Question 6 (1 point) Harbinger Corporation reports the following balances: As of 12/31/20 70,000 As of 12/31/19 80,000 Accounts Receivable (Gross) Inventory Accounts Payable Unearned Revenue 140,000 135,000 55,000 160,000 165,000 45,000 Year ended 12/31/20 500,000 230,000 Year ended 12/31/19 470,000 220,000 Sales Cost of Goods Sold How much Cash did Harbinger collect from customers in 2020? $520,000 $480,000 $500,000 $510,000 Question 7 (1 point) Harbinger Corporation reports the following balances: As of 12/31/20 70,000 As of 12/31/19 80,000 Accounts Receivable (Gross) Inventory Accounts Payable Unearned Revenue 140,000 135,000 55,000 160,000 165,000 45,000 Year ended 12/31/20 500,000 230,000 Year ended 12/31/19 470,000 220,000 Sales Cost of Goods Sold How much Cash did Harbinger pay for inventory in 2020? $220,000 $230,000 $240,000 $250,000 Question 8 (1 point) Cash outflows related to dividend payments will appear in the the Statement of Cash Flows. section on Investing Financing Operating
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