Complete the following table. Each column represents a different company. All receivables are collected in the year following sale.
|
Company |
Company |
Company |
|
|
Cash received from customers during 2004 |
$300,000 |
$625,000 |
? |
|
Sales revenue for 2004 |
$352,500 |
$580,000 |
$260,000 |
|
Accounts receivable at beginning of 2004 |
$31,000 |
? |
$35,000 |
|
Accounts receivable at end of 2004 |
? |
$85,000 |
$53,000 |