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begin{tabular}{|l|l|l|c|} hline Cash & 11 & Accounts Payable & 25 hline Accounts Receivable & & Notes Payable & 30 hline Inventory & &

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\begin{tabular}{|l|l|l|c|} \hline Cash & 11 & Accounts Payable & 25 \\ \hline Accounts Receivable & & Notes Payable & 30 \\ \hline Inventory & & TotalCurrentliabilities & \\ \hline Total Current Assets & & Long-term Debt & \\ \hline Fixed Assets & Equity & \\ \hline Total Assets & TotalLiabilitiesandEquity & 115 \\ \hline \end{tabular} CurrentRatioQuickRatioInventoryTurnoverDebtRatioDSo1.41.05x0.652146Days 15. The company's inventory is: a. 44 b. 33 c. 28 d. 22 e. 11 16. The company's equity is: a. 20 b. 30 c. 40 d. 50 e. 60 17. Which of the following account changes would be classified as a use of funds? a. a decrease in accounts payable b. a decrease in cash c. a decrease in accounts receivable d. an increase in retained earnings e. a decrease in inventories 18. Which of the following accounts is not found on a balance sheet? a. accounts payable b. accounts receivable c. long-term debt d. net plant and equipment e. operating expenses 19. Which one of the following is a source of funding? a. an increase in net fixed asser b. a decrease in accounts payable c. an increase in retalned eamings d. an increase in accounts receivable e. an increase in marketable securities 20. When an individual engages in the act of saving, he is: a. postponing present consumption in order to increase future consumption b. hording money c. almost certainly earning more than the median income d. all of the above 21. The amount of loanable funds demanded: a. depends on the amount supplied b. is inversely related to the rate of interest. c. is positively related to the rate of interest d. cannot be analyzed because people are generally irrational

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