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0 0 0 0 1) Rise Corp. received payment from its customers for previous sales on credit. What was the impact on its working capital?
0 0 0 0 1) Rise Corp. received payment from its customers for previous sales on credit. What was the impact on its working capital? a. Descease in working capital b.Increase in working capital SwNo effect on working capital d.Unable to determinel 2) The following information is provided by Ferrara Corporation: Beginning retained earnings Ending retained earnings Dividends declared and paid Revenue $50,000 70,000 10,000 50,000 What is the net income for Ferrara Corporation? a.$20,000 b.$10,000 c.$30,000 d.Unable to tell from the information provided. 3)Bevco Company Berse Company has provided the following information from its accounting records for the current year: Cash $ 55,000 Accounts receivable Inventory 65,000 Land Accounts payable 50,000 Notes payable (due 2021) Retained earnings ? Capital stock Read the information for Bexse Company. What are Berse' current liabilities? a $200,000 $ 45,000 75,000 150,000 20,000 b.$125,000 c.$230,000 d.$50,000
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