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14 Required information [The following information applies to the questions displayed below.] Part 1 of 2 Account No. (2) (3) (8 01:32:24 ZEGGE Account Title

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14 Required information [The following information applies to the questions displayed below.] Part 1 of 2 Account No. (2) (3) (8 01:32:24 ZEGGE Account Title Cash Service Revenue Accounts Receivable Salaries Expense Dividends Common Stock Salaries Payable Retained Earning Which of the following is a true statement? (Note: A statement may be true even if it does not identify all accounts that appear on that particular financial statement.) Multiple Choice C ) Account numbers 2, 4, and 5 will appear on the income statement Account numbers 2.5, and will appear on the statement of cash flows. Account numbers 4.5 and 6 Will appear on the statement of changes in stockholders' equity C Account numbers 1, 3, and will appear on the balance sheet Assessing the number of days in inventory for a company helps evaluate the: Multiple Choice Speed at which inventories move through a company's operations Profitability of a company Ability to measure the quality of the inventory on hand O Effectiveness of a company's receivable collection activities O

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