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Charlie's Computer Connection (CCC) has current liabilities of $5,000, a quick ratio of 0.90, inventory turnover of 8.6 and a current ratio of 1.3. What

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Charlie's Computer Connection (CCC) has current liabilities of $5,000, a quick ratio of 0.90, inventory turnover of 8.6 and a current ratio of 1.3. What did CCC report for of goods sold? a. $41, 214 b. $38, 700 c. $17, 200 d. $2,000 e. None of the above. I am planning to invest $500 at the end of each month to my daughter's college (starting at the end of this month) fund that earns a 12% annual rate of return compounded monthly. Assuming that she starts college in exactly 5 years and will spend 4 years in college, how much tuition can she afford to pay at the beginning of each of her 4 years in college? (Round to nearest dollar) a. $13, 444 b. $12, 103 c. $12,004 d. $10, 209 e. None of the above

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