23) 24) 25) 26) thanks!!! will give thumbs up!!!

23. If manufacturing overhead is under applied, then; A. actual manufacturing overhead cost is less than estimated manufacturing overhead cost. B. the amount of manufacturing overhead cost applied to Work in Process is less than the actual manufacturing overhead cost incurred. C. the predetermined overhead rate is too high. D. the Manufacturing Overhead account will have a credit balance at the end of the year. 24. Selling used equipment, for cash, at book value will: A. Increase working capital B. Decrease working capital C. Decrease debt-to-equity ratio D. Increase net income 25. A company's current ratio is greater than 1.0. Purchasing raw materials for cash will: A. Not change the current ratio B. Increase the current ratio C. Decrease the current ratio D. Increase net working capital 26. A company's DSO (Days Sales Outstanding) would expect to improve as a result of A. The terms of sale changed from net 30 to net 45 days from invoice date B. A drop is sales price c. An increase in cash sales in proportion to credit sales D. A change in the credit policy to shorten the period for cash discounts