- Exam Code: 304
- Exam Name: BIG-IP APM Specialist
- Version: V15.95
- Q & A: 258 Questions and Answers
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NEW QUESTION: 1
From the list below identify the item that appears in the statement of financial position.
A. The amount of loans repaid during the year.
B. The amount of interest charged on loans during the year.
C. The amount of loans outstanding at the year end.
D. The amount of interest actually paid during the year.
NEW QUESTION: 2
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?
Cash received from customers = Net sales + Decrease in Accounts Receivable or - Increase in Accounts Receivable. $600,000 + ($50,000 - $30,000) = $620,000.
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