The following selected account balances appeared on the financial statements of the franklin company. use these balances to answer the question that follow. accounts receivable, jan. 1 $16,718 accounts receivable, dec. 31 8,513 accounts payable, jan. 1 5,170 accounts payable, dec. 31 9,627 inventory, jan. 1 8,465 inventory, dec. 31 14,817 sales 71,398 cost of goods sold 36,351 the franklin company uses the direct method to calculate net cash flow from operating activities. assume that all accounts payable are owed to merchandise suppliers. determine the cash collections from customers.

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the answer to this question would be shared investment

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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