Adwoa is a business consultant. She provided the following information at the end of her first financial year on 30 April 2019. GHC fees earned during the year 244 000 fees owed by clients at 30 April 2019 22 000 cost of computer equipment purchased 26000 loan interest paid 4 000 other business expenses 142 000 What was Seema's profit for the year? O A. GHC 72,000 B. GHC 94,000 C. GHC98 ,000 OD. GHC120,000 A business has GH 10,000 in the bank and buys inventory for GH 6,000 paying by cheque. What is the effect of this on its current ratio and quick (acid test) ratio? A. current ratio Decrease quick (acid test) maio B. current ratio Decrease quick (acid test) ratio No effect C. current ratio No effect quick (acid test) ratio decrease