An increase in accounts receivable

Assignment Help Financial Accounting

Reference no: EM13747782

LMN reported sales of $200,000 and an increase in accounts receivable of $30,000 during 2014. Under the direct method, what would be LMN's cash collected from customers during 2014?

Reference no: EM13747782

Questions Cloud

What is the best treatment for this disease : What is the best treatment(s) for this disease that are being used presently? What are the ongoing clinical trials. If there are no trials, explain how would you design a novel stem cell treatment for your disease

International company and managing a domestic company : Question 1: What are the differences between managing an international company and managing a domestic company? Question 2: What functions of management are different in an international company as compared to a company in the US?

Legal and ethical policies regarding regenerative medicine : You will write an overview (1000 word maximum-two pages) of the legal and ethical policies regarding Regenerative Medicine

Required rate of return on the stock : A stock you are evaluating just paid an annual dividend of $3.40. Dividends have grown at a constant rate of 2.1 percent over the last 15 years and you expect this to continue. If the required rate of return on the stock is 16.5 percent, what should ..

An increase in accounts receivable : LMN reported sales of $200,000 and an increase in accounts receivable of $30,000 during 2014. Under the direct method, what would be LMN's cash collected from customers during 2014?

Was churchill to blame for the tart of the cold war : Was churchill to blame for the tart of the cold war? included evidence.

Bonds that pay interest semi annually : When the market rate of interest was 11%, Munson Corporation issued $1,000,000, 12%, 8-year bonds that pay interest semi annually. The selling price of this bond issue was?

What should be current rate for two-year treasury security : The current one-year T-bill rate is .50 percent and the expected one-year rate 12 months from now is 1.38 percent. According to the unbiased expectations theory, what should be the current rate for a two-year Treasury security?

Compute the appropriate present value : For each of the following situations, identify the correct factor to use from Table 1 or Table 2 in Appendix C. Also, compute the appropriate present value.

User Account

All Pages