. 8) Net income=900, depr expense=100, loss on sale of land=40, A/R decrease=30, inventory increase== 15, A/P increase = 18, salary payable decrease= 7 Amortization expense (patent)=5 Find net cash from operations. 9) Cash=20 A/R = 10 merchandise-30 land -60 short-term investments=40 Current liabilities 20. Find the current ratio. 10) Quick assets=50 A/P=10 taxes payable=10 long term bond payable=30 Find the quick ratio