33. The balance sheet of Purdy's BBQ reports total assets of $80o.000 3%00900, resesivedy e year, respectively. Net income and sales for the year are $85,000 and Purdy's return on assets? A, 10%. B. 2096. and $900,000 at the beginning and end of What is C. 200%. D. 5%. 34. Discount Travel has the foll $182 million; and other curre lowing current assets: cash, $102 million; receivables, $94 million: inventory current assets, $18 million. Discount Travel also has the following liabilities: accounts on current portion of long-term debt, $35 million; and long-term debt, $23 million. Based on these amounts, what is the acid-test ratio? A. 1.47 B. 2.00. C. 2.84 D. 3.86. 35. Which of the following definitions describes a serial bond? A. Matures on a single date. B. Secured only by the "full faith and credit" of the issuing corporation. in installments ts pledged as collateral by the issuer