The ending accounts receivable balance

Assignment Help Accounting Basics
Reference no: EM13914904

Delta Co. began the accounting period with a $116,000 debit balance in its Accounts Receivable account. During the accounting period, Delta Co. earned revenue on account of $152,000. The ending Accounts Receivable balance was $108,000.

Required 

Based on this information alone, determine the amount of cash inflow from operating activities during the accounting period.

Reference no: EM13914904

Questions Cloud

Determine the probability of winning your state lottery game : Use the Internet to research the basic lottery system in your state. For example, the state of Ohio has a Pick 5 game where a customer selects 5 single-digit numbers (0-9). Determine the probability of winning your state's lottery game
Find the flat fee equilibrium quantity : Assume that Stonington uses a flat fee pricing system for trash services. Under this scenario, find the flat fee equilibrium quantity (QFF). Compare the flat fee equilibrium to the competitive equilibrium (QC) and the efficient equilibrium (Q..
Calculate the cost of an aluminium window frame : Sunshine Co Ltd produces two types of window frame, aluminium and wooden. The company’s simple costing system has two direct cost categories (materials and labour) and one indirect cost pool. Calculate the cost of an aluminium window frame and a wood..
What accounting concepts are violated by the direct charge : What accounting concepts are violated by the direct charge-off method of recognizing uncollectible accounts? Why?
The ending accounts receivable balance : Delta Co. began the accounting period with a $116,000 debit balance in its Accounts Receivable account.
Disadvantage of formalization in organization structure : Despite potential benefits, the disadvantages of a matrix structure include which of the following?:
Show simultaneous effect of federal restrictions on landfill : Diagram a general model of MSW management services. Show the simultaneous effect of the fed- eral restrictions on landfills and rising consumer awareness of the benefits of "green packaging." Assuming a private competitive market, predict the effe..
Two years remaining to maturity-yield to maturity : Assume a bond with a $1,000 par value and an 11 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity. The duration of this bond is ____ years
Optimal order size and total annual inventory cost : Determine the optimal order size, minimum total annual inventory cost, number of annual orders, and time between orders.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd