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Additional Information: 1. Operating expenses include depreciation expense of $10,000 2. Accounts Payable related to the purchase of inventory 3. Equipment that cost $12,500 was
Additional Information: 1. Operating expenses include depreciation expense of $10,000 2. Accounts Payable related to the purchase of inventory 3. Equipment that cost $12,500 was sold at a loss of $2,500 4. New equipment was purchased during the year for $8,500 5. Dividends declared and paid in 20x5 totalled $3,000 6. Common shares were sold for $12,000 cash 7. Interest payable in 205 was $800 greater than interest payable in 204 Seaforce Manufacturing Inc, comparative balance shect at December 31205 Round answers to fit 2 decimal places in all questans lin % qunstions a 0.12 is presented as 12% so a 0.124 is rounded as 12% and 0.127 is rounded as 138 \} The working capitel turnover at December 205 was: Multiple Cholse Equal or above 0.48 Nat enough data provided ta calculater it getwecn 024 and 0.47 Equal or telow 0.11 Eetwenc 012 ard 023
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