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Thompson Turf Trimmers.Inc., reported the following financial statements for 2018 (Click the icon to view...

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Accounting

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Thompson Turf Trimmers.Inc., reported the following financial statements for 2018 (Click the icon to view the income statement) Click the icon to view the comparative bounce sheets) Calculate the following: enter all amountain thousands a. Collections from customers b. Payments for inventory a. Calculate the collections from customers The collections from customers are Reference thousand Reference Thompson Turf Trimmers, Inc. Comparative Balance Sheets December 31, 2015 and 2017 2018 2018 2017 5 $ 46 790 in thousands) Assets Current Cash Accounts receivable Inventory Prepaid expenses Plantes, net Long-term investments 2017 Liabilities Current 20 Accounts payable Salory payable 26 Accredibile 11 Long-term ne payable 29 Thompson Turf Trimmers, Inc Income Statement Year Ended December 21, 2016 In thousands) 5 Service revenue Cost of goods sold Salary experte Depreciation expense Other opens Total expenses $ Not income 25 10 400 30 50 75 12 223 01 10 02 54 a % 10 200 640 150 80 Stockholders' Equity Connon stock Red caring Total 40 232 30 2445 4485 5 Total

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