How much cash did Aston collect from customers

Assignment Help Accounting Basics
Reference no: EM133025868

Question - Aston Corporation reported sales of $1,400,000 for the year. In addition, the company's accounts receivable balance grew from $120,000 at the beginning of the year to $170,000 at the end of the year. How much cash did Aston collect from customers during the year?

a. $1,150,000

b. $1,350,000

c. $1,400,000

d. $1,200,000

Reference no: EM133025868

Questions Cloud

Compare traditional it services with cloud services : Compare traditional IT services with Cloud Services and how different service models can be utilised to solve a challenge, using different public cloud
Organizational learning and training and development : How does this connection help us understand why the performance appraisal training program was not more successful?
Critique report of organisational change process : You are required to participate in a small scale individual/pair based project to examine and critique a report of an organisational change process in an existi
Estimate of the company weighted average cost of capital : Question - Using the following financial data, what is your estimate of the company's weighted average cost of capital
How much cash did Aston collect from customers : Aston Corporation reported sales of $1,400,000 for the year. How much cash did Aston collect from customers during the year
Make screenshots in sap build for each screen : Make screenshots in SAP Build for each screen you have built, and put them in a Word document, Write one sentence to describe each screen briefly
Calculate the income of the shareholder : Assume that the corporation has no general rate income pool ("GRIP") balance at all relevant times. Calculate the income of the shareholder
Indicate the amount of underapplied or overapplied overhead : Indicate the amount of underapplied or overapplied overhead if actual direct labour was $118,000 and actual manufacturing overhead was $497,400
Find the accumulated value : The payments received are immediately deposited in a fund earning an effective annual interest rate of 3%. Find the accumulated value after the 30 years

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