Cash collection Stanley Company’s

Exercise 12-7 Cash Collections—Direct Method

Stanley Company’s comparative balance sheets included accounts receivable of $80,800 at De- cember 31, 2013, and $101,100 at December 31, 2014. Sales reported by Stanley on its 2014 income statement amounted to $1,450,000. What is the amount of cash collections that Stanley will report in the Operating Activities section of its 2014 statement of cash flows assuming that the direct method is used?

Just in case you need an assignment done, hire us. Using our writing services will make your life easier because we deliver exceptional results. Use us to get an A!

We are the Best!

course-preview

275 words per page

You essay will be 275 words per page. Tell your writer how many words you need, or the pages.


12 pt Times New Roman

Unless otherwise stated, we use 12pt Arial/Times New Roman as the font for your paper.


Double line spacing

Your essay will have double spaced text. View our sample essays.


Any citation style

APA, MLA, Chicago/Turabian, Harvard, our writers are experts at formatting.


We Accept

Secure Payment
Image 3

Subjects We Cover