Carlisle Transport had $4,641 cash at the beginning of the period. During the period, the firm collected $1,622 in receivables, paid $1,804 to supplier, had credit sales of $5,324, and incurred cash expenses of $500. What was the cash balance at the end of the period

$3,959

Explanation:

The cash balance at the end of the period considers all cash inflows and outflows including the beginning balance of the cash in the firm.

cash balance at the end of the period=beginning cash balance+cash collection from receivable-cash paid to suppliers-cash expenses

beginning cash balance=$4,641

cash collection from receivable=$1,622

cash paid to suppliers=$1,804

cash expenses=$500

cash balance at the end of the period=$4,641+$1,622-$1,804-$500

cash balance at the end of period=$3,959

answer; (10%) commission;

answerproduct line length; product mix width;