Accounts receivable payments

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Q1. A company's cash sales for the month are $200,000 and its accounts receivable payments for the month are $100,000. What is its total incoming cash flow for the month if its beginning cash for the month is $50,000 and there are no other cash inflows for the month?

Q2. The demand for space heaters is Q=250-P+2 COOL, Where COOL is the absolute value of the difference between the average overnight low this month is 40 F. When the price of space heaters is P=$50, the price elasticity of demand.

Reference no: EM136511

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