18. Smith Corporation has provided the following information: Cash sales totaled $125,000. Credit sales totaled...
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18. Smith Corporation has provided the following information: Cash sales totaled $125,000. Credit sales totaled $279,000. Cash collections from customers for services yet to be provided totaled $38,000. An $11,000 gain from the sale of property and equipment occurred. Interest income totaled $7,700. How much were Smith's operating revenues? A. $404,000. B. $411,700. C. $442,000. D. $460,700. 18. Smith Corporation has provided the following information: Cash sales totaled $125,000. Credit sales totaled $279,000. Cash collections from customers for services yet to be provided totaled $38,000. An $11,000 gain from the sale of property and equipment occurred. Interest income totaled $7,700. How much were Smith's operating revenues? A. $404,000. B. $411,700. C. $442,000. D. $460,700
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18. Smith Corporation has provided the following information: Cash sales totaled $125,000. Credit sales totaled $279,000. Cash collections from customers for services yet to be provided totaled $38,000. An $11,000 gain from the sale of property and equipment occurred. Interest income totaled $7,700. How much were Smith's operating revenues? A. $404,000. B. $411,700. C. $442,000. D. $460,700. 18. Smith Corporation has provided the following information: Cash sales totaled $125,000. Credit sales totaled $279,000. Cash collections from customers for services yet to be provided totaled $38,000. An $11,000 gain from the sale of property and equipment occurred. Interest income totaled $7,700. How much were Smith's operating revenues? A. $404,000. B. $411,700. C. $442,000. D. $460,700 