Accrual income versus cash flow for a period. Thomas Book Sales, Inc., supplies textbooks to college and university bookstores. The books are shipped with a proviso that they must be paid for within 30 days but can be returned for a full refund credit within 90 days. In 2018, Thomas shipped and billed book titles totaling $720,000. Collections, net of return credits, during the year totaled $651,637. The company spent $285,058 acquiring the books that it shipped. a. Using accrual accounting and the preceding values, show the firm's net profit for the past year. b. Using cash accounting and the preceding values, show the firm's net cash flow for the past year. C. Which of these statements is more useful to the financial manager? Why? a. Using accrual accounting and the preceding values, show the firm's net profit for the past year in the following table. (Round to the nearest dollar.) Accounting View (accrual basis) Thomas Book Sales, Inc. Income Statement for the Year Ended 12/31 Sales revenue Less: Costs Net profit ai at b. Usina cash accounting and the precedina values. show the firm's net cash flow for the past vear in the followina table. (Round to the nearest dollar.) ce Click to select your answer(s). Tools > ere to search
Answers
This is Q.a
I hope this helps
Related Questions
John has a rectangular field that is 12 meters by 6 meters, if he wants to divide the field into 8 sections, what would the area per section be?
Answers
Answer:
9 Meters Squared
Step-by-step explanation:
First multiply 6 by 12 to find the area of the whole field:
[tex]6*12=72[/tex]
Then divide that area by 8:
72/8=9
So:
9 meters squared
I'm supposed to solve for PQ. it's pythagorean theorem.
Answers
Answer:
29 i think
Step-by-step explanation:
pythagoreon thereom is a^2+b^2=c^2 so c^2 being the hypotneuse you would do 2*2=4 +5*5=25 and 4+25=29
The counting numbers are also called Integers
Answers
Answer: Yes
Step-by-step explanation:
What is your question
Answer:
yes
Step-by-step explanation:
the target temperature for a laboratory is 71° f. it can vary by up to 3°. if t is the temperature in the laboratory, which of the following inequalities represents this situation?
Answers
Answer:
|t-71| < 3
Step-by-step explanation:
The inequalities represents this situation is | t - 71 | < 3 .
What is inequality?An inequality is a relation which makes a non-equal comparison between two numbers or other mathematical expressions. It is used most often to compare two numbers on the number line by their size
According to the question
The target temperature for a laboratory = 71° f.
it can vary by up to 3°. (highest limit)
the temperature in the laboratory represented by t
Now,
inequalities represents this situation is
| t - 71 | < 3
Hence, the inequalities represents this situation is | t - 71 | < 3
To know more about inequalities here:
https://brainly.com/question/20383699
#SPJ2
Write the point-slope form of an equation of the line through the points (-4, 7) and (5, -3).
A. y−5=−109(x+3)
B. y−7=−109(x+4)
C. y+3=−109(x+5)
D. y+4=−109(x−7)
Answers
Answer:
y+4=–109(x-7)
please mark as brainliest
If the angle tis 42 and RS is 9 find QS. Round to the nearest tenth.
Q
R
Answers
Answer:
QS is 12.1
Step-by-step explanation:
9 / sin 48 = QS / sin 90
QS = 9 / sin 48 = 12.1
Find g(x), where g(x) is the translation 6 units up of f(x)=x2. Write your answer in the form a(x–h)2+k, where a, h, and k are integers.
Answers
Answer:
g(x) = x²+6
Step-by-step explanation:
g(x) = f(x)+6 = x²+6
P+45267=87012 evaluate
Answers
p+45267=87012
We move all terms to the left:
p+45267-(87012)=0
We add all the numbers together, and all the variables
p-41745=0
We move all terms containing p to the left, all other terms to the right
p=41745
n
Write the equation of the line
that passes through (5,-6)
and has a y-intercept of -2.
Hint: What ordered pair is
used for the y-intercept?
I
Answers
Sorry if I’m wrong
Which equation is equivalent to 1/5x - 3 = 2/3
A : x-15=10
B : 3x-15=10
C : 3x-45=10
D : 5x-45=3
Answers
12- (-5) + (-4 ) calculate
Answers
Helpppppppp.................
Answers
Coach Brown buys packs of Gummi Bears at $0.60 and resales them at $1.00. At what percent did he mark the candy up?
A. 3.59
B. 9
C. 67
D. 69
F. 10.25
Answers
7.43+9.25 Show Your Work
Answers
Answer:
16.68
Step-by-step explanation:
just add them like regular numbers then just put the decimal
What is the value of 25 × 33?
please please help
Answers
Answer:
825
Step-by-step explanation:
So When we multiply we multiply the 3 by 5 first, then the 3 by 2. That will give you 75. Then, Add a zero below 75. Multiply the other 3 by 5, and the 3 by the two. That will give you 750. Add 75 and 750 together and you get: 825
Determine 0.929229222922229222229
Answers
Answer:
0.93
Step-by-step explanation:
I need to find the measure of PTR
Answers
Answer:
∠ DTR = 109°
Step-by-step explanation:
∠ DQT and ∠ TRS are alternate angles and are congruent, then
∠ TRS = 68°
The exterior angle of a triangle is equal to the sum of the 2 opposite interior angles.
∠ DTR is an exterior angle of Δ TRS , then
∠ DTR = 41° + 68° = 109°
FIND THE MEASURE OF ANGLE 2 PLEASE HELP ASAP!
Answers
Answer:
We know that the figure has a symmetry
angle 1 = angle 2
angle 1 =180°-(18°+90°) = 180° - 108°=72°
Therefore, angle 2 =72°.
A drinks bottling production line has a relative frequency failure rate of 0.0045 If 2,000,000 bottles of pop are produced per day, how many of them will be faulty?
Answers
Answer:
9,000
Step-by-step explanation:
2,000,000 times 0.0045 = 9,000
5. Emma, Brandy, and Damian will cut a rope that is 29.8 feet long into
3 jump ropes. Each of the 3 jump ropes will be the same length. Write a
division sentence using compatible numbers to estimate the length of
each rope
Answers
Answer:
29.8÷3=9.93333333333
Step-by-step explanation:
*note* the 3 is a repeating number
I need help bad!!! Please help!
Answers
Answer:
Both Question (bottom right corner)
Step-by-step explanation:
Question 2 is obviously a variable because the amount of goals you can score in a game varies, one game it could be 10 then next it could be 5, But for question 1 the amount of work hours she puts in, (assuming she choses when to work and when not to) is also a variable because the amount she works varies from day to day.
Both these examples how data that varies from day to day.
Hope this helps!
If (x + 1)(x - 5) = -9, then which of the following statements is true?
A x+1=0 or x-5=0
B x+1=9 or x-5=-9
C x-2=0
Answers
Answer:
B, although i believe that you wrote wrong, it should be x+1= -9, instead of positive 9
Step-by-step explanation:
Is -8 a rational number
Answers
Answer:
yes
Step-by-step explanation:
Answer:
yea
Step-by-step explanation:
because it is
what is $7.50 with a added 6% sales price.
Answers
Answer:
0.0125 dollars per sales
hope this helps
Step-by-step explanation:
Answer:
7.89 i believe i looked it up
Solve the expression (w - z)²
Answers
You should try to limit your overall debt to 50% of your gross monthly
Answers
Incomplete question.
who ever helps gets brainliest.
Answers
Answer:
B is the answer
Step-by-step explanation:
0.40 is the correct answer
At Manning's favorite ice cream shop, a customer can have a cake or sugar cone, vanilla, chocolate, or strawberry ice cream, and chocolate or rainbow sprinkles. How many different ice cream cones can be ordered if the customer chooses 1 cone, 1 type of ice cream, and 1 type of sprinkles?
Answers
Answer:
12
Step-by-step explanation:
2-cones
3-ice cream flavors
2-sprinkles
2 x 3 x 2 = 12
plz mark brainliest :)
Prove: The square of a number that is
one more than a multiple of 3 is also one
more than a multiple of 3.
n +
(3n + 1)2 = [ ? ]n? +
1([ ]n2 +
=
)n) +
- 1 more than a multiple of 3
Answers
Let 3n + 1 denote the "number" in question. The claim is that
(3n + 1)² = 3m + 1
for some integer m.
Now,
(3n + 1)² = (3n)² + 2 (3n) + 1²
… = 9n² + 6n + 1
… = 3n (3n + 2) + 1
… = 3m + 1
where we take m = n (3n + 2).
find the slope of a line parallel to the line through thepoints ) (10, 7) and (-4, 7)
Answers
Answer:
0
Step-by-step explanation:
7-7 over -4-10
That is 0/-14, which simplifies to 0