Answer:
$31,000
Explanation:
decrease in accounts receivable = $1,000
Sales = $30,000
Cash collected from customers = Sales plus decrease in accounts receivables
= $30,000 + $1000
= $31,000
The decrease in account receivables represents the collection of cash from a customer. If sales amount to $30,000, all must have been collected in cash hence no amount was outstanding to increase receivables. Hence the addition of the two items gives the cash collected from customers.
<span>Car when parent bought it= 5000$
level when parent bought it =50
Car when I bought it= x$
level when I bought it =200
x=(5000*200) divided by 50
x=5000*4
=20000
Answer for parents car value today = 20000$</span>
True, When a currency is experiencing high inflation, then it’s buying power is decreasing, and investors like me will not want to hold it.