CFA-Level-I Exam Question 66

Beginning accounts receivable $ 50,000 Ending accounts receivable $ 30,000 Net sales $600,000
Cost of goods sold $375,000 Operating expenses $ 80,000
What was the amount of cash received from customers?
  • CFA-Level-I Exam Question 67

    Which of the following items has economic value, but not recorded on the balance sheet as an asset?
  • CFA-Level-I Exam Question 68

    The required return of a 5-5/8% coupon, semi-annual payment bond changes from 5.5% to 5.75%.
  • CFA-Level-I Exam Question 69

    The written agreement between a corporation and the bondholder's representative is called:
  • CFA-Level-I Exam Question 70

    Companies with defined benefit plans are required per SFAS No. 132 to make all of the following disclosures except: