Ouyang inc reports...Accounting question Ouyang Inc reports a 2012 revenue of $20 billion.During 2012, its A/R rose by $0.8 billion, A/Pincreased by $1.3 billion, inventories decreased by$0.2 billion and unearned revenue increased by $0.6billion.Its ratio of revenue to cash collected from customersin 2012 is:a. 1.84b. 1.63c. 1.48d. 1.24e. 1.01

Step 1: Define Cash CollectionsCash collection from customers should include the effects of an…

Answered: Ouyang Inc reports a 2012 revenue of…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 5MC

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