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1. When reviewing a balance sheet, which of the following items would you expect to find under assets? a. cash b. accts payable c. inventory

1. When reviewing a balance sheet, which of the following items would you expect to find under assets?

a. cash

b. accts payable

c. inventory

d. A&B

e. A&C

2. The florida lottery agrees to pay the winner $284,000 at the end of each year for the next 20 years. What is the future value of the prize if the payment is put in an account earning of 0.10?

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