ON SPRING moodle1.du.edu.om U- Moodle English (en) Sohar Company's income statement for 2021 is given below. If Accounts receivable balances are 14000 in 2021 and 7000 in 2020. Which of the fallowing is cash collections from customers? Sales COGS Gross Profit Operating Expenses Operating Profit EInterest Expense Profit before Tex 85,000 65 ,000 20,000 #8,000- 12:000 2000 10,000 3,000 7.000 | Net Profit a 85000 92000 here to search hp

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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ON SPRING
moodle1.du.edu.om
U - Moodle
English (en)
Sohar Company's income statement for 2021 is given below. If Accounts receivable balances are 14000 in 2021
and 7000 in 2020. Which of the fallowing is cash collections from customers?
Sales
COGS
Gross Profit
Operating
Expenses
Operating Profit
EInterest Expensẽ
Profit before Tex
85,000
65,000
20,000
8.000
12:000
2000
10,000
3,000
Z.000
Net Profit
la 85000
b 92000
here to search
hp
立
Transcribed Image Text:ON SPRING moodle1.du.edu.om U - Moodle English (en) Sohar Company's income statement for 2021 is given below. If Accounts receivable balances are 14000 in 2021 and 7000 in 2020. Which of the fallowing is cash collections from customers? Sales COGS Gross Profit Operating Expenses Operating Profit EInterest Expensẽ Profit before Tex 85,000 65,000 20,000 8.000 12:000 2000 10,000 3,000 Z.000 Net Profit la 85000 b 92000 here to search hp 立
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