A company has Cash of $1000, Accounts Receivable of $200, Inventory of $300, Long-Term Assets of $4000, Accounts Payable of $500 and a Long-Term Bank Loan of $5000. Calculate the company's current ratio.

Question 1 options:

	1
	2
	3
	4

Question 2

Using the following information, calculate the inventory turnover for ABC Retailers: Sales are $4800, Cost of Goods Sold is $2000, operating expenses are $1000, and average inventory is $500.

Question 2 options:

	4
	5
	6
	7

Question 3

For the current period, a company had sales of $400,000, a gross margin of 50%, opening inventory of $40,000 and closing inventory of $60,000. Calculate the inventory days on hand ratio.

Question 3 options:

	180 days
	91 days
	45 days
	60 days

Question 4

Taking on more bank debt impacts which of the following on the statement of cash flows?

Question 4 options:

	cash flows from operations activities
	cash flows from investing activities
	cash flows from financing activities