Answer the following 5 questions from your problem shoot Burden's Boistorous Boys Company n Shol 15.05 - ) The Total Assets at December 31, 2019 were: A. $ 490,000 B. $ 480,000 C. $493,000 D. $ 497.000 E None of the above Too Hi Gogle Your Answer 2) The Operating Income was A $ 120,000 B. $ 125,000 C. $ 128,000 D S 129.000 E None of the above Your Answer 3) The EPS was A $ 0.89 B. $ 10.63 C. $ 11.33 D S 8.10 E None of the above Your Answer Opening Start Here! Multiple Choice01-20 MC 21-40 C 41-45 M F - 15.05 4) The Total Current Liabilities at December 31, 2019 was A $ 140,000 B $ 160,000 C $ 113,000 D $ 133.000 E. None of the above Your Answer ogle 5) For 2019, the average collection period was approximately A 16.43 days B 25.54 days C 14 24 days D 15.25 days E Some other number Your Answer 6) At the beginning of the current year, Freeland Corporation had $200,000 in her Common Stock account representing 200,000 shares of common sloch outstanding and had retained earnings of $4,800,000 She did not issue any additional stock during the year During the year, the company eared $1.675,000 and paid a year-end cash dividend of $2 per share What was Freeland's retained eamings at the end of the year? A $ 4,800.000 BS 5.875.000 C $6275000 D. 6.075 000 la WERTY As DF G H Opening Starter MC 41-65 7) Rand Co. had a beginning balance in Accounts Receivable of $200.000 and a beginning credit balance in the Allowance for Doubtful Accounts of $4.000 During 2019 he sold 5620,000 of goods on credit and collected $600.000 Randi e s that of this ending accounts receivable will eventually not be collected his adjusting journal entry for the bad debt expense will include a credit to lowance for doubtful accounts of A $2.400 S44100 C $ 400 D $5.300 E None of the above Your Answer owner D A C 8) St Rand Co-Theanding balance in the at December 31, 2019 would be A $ 2100 B. $ 4400 c $ 400 D $5,300 None of the above Your Answer ccounts rece ble during 2019 9) Sol Randi Co - Randi Co had written oft $1.000 a the debit to bad debt expense would have been AS 1300 BS 2400 CS 1380 D. $ 2300 None of the above Your Answer Opening Starteret Multiple Choice 01:20 MC 21-40 MC 41-45 Dat Expense A is recognized as an expens in the year the company finds they will not receive the mo Bis considered a normal cost of doing business C san Other Expense on the income Statement D is not required by the Matching Concept All of the above Your Answer along of the following changes describes the payment of $10.000 on the prin A Assets and owners equity increase by $10.000 B. Assets and owners equity decrease by $10,000 C. Assets and liabilities increase by $10,000 D. Asses and abilities decrease by $10.000 E. No changes in total , abs, nor owners equity 12. Able Al Co, purchased a new Whatsit on January 1 of 2019. It cost them $80,000 hasan estimated salvage value of $10,000 and is expected to last 10 years. What is the balance in the accurated depreciation account at the end of the fourth year? $32.000 $20.000 CS2000 D $7000 Your Answer 13) When stock that was issued by corporationis A. Treasury slock C. Restricted Coron Stock D. Non-catating common a w ER TY caps lock El T + Opening Start Here! Multiple Choice 1-20 MC 21-40 MC 41-45 O 14) On July 10, Becca Company made a $10,000 credit sale under the terms 2/10, net 30. Becca receives the full payment of the account on July 19, the amount of cash received is: A $ 9,800 B $ 9,700 C $ 10,300 D. $ 10,000 E $10.200 Your Answer Use the following information for the next five questions 15-19 Debbie Debs, Inc. (DI) issued a 10 year. $100,000 face bond with a 10% Interest rate. The bond pay the interest for 10 years and then pays the principal of $100.000 at the end of the 10th year. 15) If the current interest rates are 10% at the time of issue on the date of issue, DDI will receive A $ 100.000.00 B. $ 91,954.77 C. $ 73.734.81 D. $ 88,699.55 E None of the above Your Answer B 16) A S C. D E the current interest rates are 12% at the time of issue on the date of issue, DOI will receive $ 104 986 81 113.420.16 $ 599 55 $ 100,000.00 None of the above at the time of issue, on the date of issue, DDI will receive 17) If the current interest rates are S 104.956.81 A ETODO o ne 17) If the current st AS10495 31 B S113.420.16 C $ 77,399.11 D S100 000.00 None of the 18) If the D ons are sold to yod 12 ray will be said to be soldat D. E The coupon None of the above 19 Dobonds E. None of the above 20 Which accounting A Monetary sumption in assumes th D. Going concom assumption ng lock Answer the following 5 questions from your problem shoot Burden's Boistorous Boys Company n Shol 15.05 - ) The Total Assets at December 31, 2019 were: A. $ 490,000 B. $ 480,000 C. $493,000 D. $ 497.000 E None of the above Too Hi Gogle Your Answer 2) The Operating Income was A $ 120,000 B. $ 125,000 C. $ 128,000 D S 129.000 E None of the above Your Answer 3) The EPS was A $ 0.89 B. $ 10.63 C. $ 11.33 D S 8.10 E None of the above Your Answer Opening Start Here! Multiple Choice01-20 MC 21-40 C 41-45 M F - 15.05 4) The Total Current Liabilities at December 31, 2019 was A $ 140,000 B $ 160,000 C $ 113,000 D $ 133.000 E. None of the above Your Answer ogle 5) For 2019, the average collection period was approximately A 16.43 days B 25.54 days C 14 24 days D 15.25 days E Some other number Your Answer 6) At the beginning of the current year, Freeland Corporation had $200,000 in her Common Stock account representing 200,000 shares of common sloch outstanding and had retained earnings of $4,800,000 She did not issue any additional stock during the year During the year, the company eared $1.675,000 and paid a year-end cash dividend of $2 per share What was Freeland's retained eamings at the end of the year? A $ 4,800.000 BS 5.875.000 C $6275000 D. 6.075 000 la WERTY As DF G H Opening Starter MC 41-65 7) Rand Co. had a beginning balance in Accounts Receivable of $200.000 and a beginning credit balance in the Allowance for Doubtful Accounts of $4.000 During 2019 he sold 5620,000 of goods on credit and collected $600.000 Randi e s that of this ending accounts receivable will eventually not be collected his adjusting journal entry for the bad debt expense will include a credit to lowance for doubtful accounts of A $2.400 S44100 C $ 400 D $5.300 E None of the above Your Answer owner D A C 8) St Rand Co-Theanding balance in the at December 31, 2019 would be A $ 2100 B. $ 4400 c $ 400 D $5,300 None of the above Your Answer ccounts rece ble during 2019 9) Sol Randi Co - Randi Co had written oft $1.000 a the debit to bad debt expense would have been AS 1300 BS 2400 CS 1380 D. $ 2300 None of the above Your Answer Opening Starteret Multiple Choice 01:20 MC 21-40 MC 41-45 Dat Expense A is recognized as an expens in the year the company finds they will not receive the mo Bis considered a normal cost of doing business C san Other Expense on the income Statement D is not required by the Matching Concept All of the above Your Answer along of the following changes describes the payment of $10.000 on the prin A Assets and owners equity increase by $10.000 B. Assets and owners equity decrease by $10,000 C. Assets and liabilities increase by $10,000 D. Asses and abilities decrease by $10.000 E. No changes in total , abs, nor owners equity 12. Able Al Co, purchased a new Whatsit on January 1 of 2019. It cost them $80,000 hasan estimated salvage value of $10,000 and is expected to last 10 years. What is the balance in the accurated depreciation account at the end of the fourth year? $32.000 $20.000 CS2000 D $7000 Your Answer 13) When stock that was issued by corporationis A. Treasury slock C. Restricted Coron Stock D. Non-catating common a w ER TY caps lock El T + Opening Start Here! Multiple Choice 1-20 MC 21-40 MC 41-45 O 14) On July 10, Becca Company made a $10,000 credit sale under the terms 2/10, net 30. Becca receives the full payment of the account on July 19, the amount of cash received is: A $ 9,800 B $ 9,700 C $ 10,300 D. $ 10,000 E $10.200 Your Answer Use the following information for the next five questions 15-19 Debbie Debs, Inc. (DI) issued a 10 year. $100,000 face bond with a 10% Interest rate. The bond pay the interest for 10 years and then pays the principal of $100.000 at the end of the 10th year. 15) If the current interest rates are 10% at the time of issue on the date of issue, DDI will receive A $ 100.000.00 B. $ 91,954.77 C. $ 73.734.81 D. $ 88,699.55 E None of the above Your Answer B 16) A S C. D E the current interest rates are 12% at the time of issue on the date of issue, DOI will receive $ 104 986 81 113.420.16 $ 599 55 $ 100,000.00 None of the above at the time of issue, on the date of issue, DDI will receive 17) If the current interest rates are S 104.956.81 A ETODO o ne 17) If the current st AS10495 31 B S113.420.16 C $ 77,399.11 D S100 000.00 None of the 18) If the D ons are sold to yod 12 ray will be said to be soldat D. E The coupon None of the above 19 Dobonds E. None of the above 20 Which accounting A Monetary sumption in assumes th D. Going concom assumption ng lock