The going concern assumption does not influence the classification of assets and liabilities

Pomander Inc had the following information related to last year's sales: Cash sales $107,500 Credit sales 250,000 Accounts receivable - beginning 10,000 Accounts receivable - ending 14,000 What amount would be reported as "cash collections from customers" on the statement of cash flows using the direct method?

A) $254,000 B) $381,500 C) $111,500 D) $353,500

Rely Battery Corporation makes batteries for motor vehicles. The Federal Trade Commission (FTC) learns that Chuck's Automotive Stores, a retail company that sells Rely's batteries, engages in Advertising, Marketing, and Sales practices. What actions can the FTC take against Chuck's?