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15) Puttie's Event Planning Service collects the fees from the N1. 2017 telefone en sus cf.000. During lawry and February, she collected uneared revenue of

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15) Puttie's Event Planning Service collects the fees from the N1. 2017 telefone en sus cf.000. During lawry and February, she collected uneared revenue of $2.000 and 51.000 respectively. During the two month pened the rendered serverested to lace will show what balance in mare ! A) Debit balance of $3.000 C) Credit balance of 1.500 B) Detit balance of 5.0 D) Credit balance of 53.000 18) The following contains information from the records of Zhang Consultants. What is the current ratio? Current assets $74.000 Current liabilities 44,000 Long-term assets 95,000 Long term liabilities 60,000 Total revenue 50,000 Total expenses 30,000 A) 1.58 C) 1.68 B) 0.59 D) 2.32 19) Based on the data in question 18 what is the working capital? A) $35,000 C) $20,000 B) $30,000 D) $10,000 21) Given the following data, what is cost of goods sold as determined under the FIFO method? Sales revenue Beginning inventory Purchases 350 units at $35 per unit 120 units at $15 per unit 400 units at $20 per unit A) $6,400 B) $4,600 C) $5,250 D) $7,000

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