Net income/Net cash, accounting assignment help

Company A had sales of $1,700 during the year and collected them all in cash.

Company​ B, on the other​ hand, had sales of $1,700 during the year but collected only $1,400 cash with the remaining $300 sales on account.

Both firms had expenses of $900​, all paid in cash by both firms.

What was Company​ A’s net income for the​ year?

What was Company​ A’s net cash from operating activities during the​ year?

What was Company​ B’s net income for the​ year?

What was Company​ B’s net cash from operating activities during the​ year?

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

If this is not the paper you were searching for, you can order your 100% plagiarism free, professional written paper now!

Order Now Just Browsing

All of our assignments are originally produced, unique, and free of plagiarism.

Free Revisions Plagiarism Free 24x7 Support