Bright, inc., reported credit sales of $560,000 and cash sales of $230,000 for the current year. cost of goods sold for the current year amounted to $575,000. the beginning balance of accounts receivable was $57,000 and the ending balance was $73,000. what amount of cash collected from customers would be included in the statement of cash flows using the direct method?

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.

Governments sometimes erect barriers to trade other than tariffs and quotas. which of the following is not an example of this type of trade barrier? a. a requirement that the employees of domestic firms that engage in foreign trade pay income taxes b. restrictions on imports for national security reasons c. a requirement that imports meet health and safety requirements d. a requirement that the u.s. government buy military uniforms only from u.s. manufacturers