From the pictures above, please answer those qustions below and chose the correct answer : -

Q 1. Depreciation Expense for 2020 is at 500,000.00

Using the data above, compute for the company's 2020 Gross Profit

a. 2,341,100.00

b. 1,371,000.00

c. 1,250,000.00

Q 2. If depreciation expense for 2020 is at 500,000.00, how much is the net change in cash due to investing activity?

1. -750,112.00
2. -830,110.00
3. -650,142.00

Q3. Depreciation Expense for 2020 is at 500,000.00

Using the data above, compute for the company's 2020 Total Current Liabilities

1. 416,500.00
2. 415,040.00
3. 616,000.00

Q4. Depreciation Expense for 2020 is at 500,000.00

Using the data above, compute for the company's 2020 Inventory

1. 700,625.00
2. 720,525.00
3. 230,655.00

Q5. Depreciation Expense for 2020 is at 500,000.00. Using the given data, compute for the net change in cash for 2020.

1. 900.00
2. 800.00
3. 1,000.00

Q6. Depreciation Expense for 2020 is at 500,000.00

Using the data above, compute for the company's 2020 Shareholder's Equity

1. 2,045,650.00
2. 1,043,750.00
3. 1,333,650.00

Q7. The depreciation expense for 2020 is 500,000.00. Using the data available, compute for the 2020 change in cash due to operating activities.

1. 360,762.00
2. 550,662.00
3. 465,752.00

Q8. The depreciation expense for 2020 is 500,000.00. Using the data above, compute for the company's 2020 Earnings available for common stocks

1. 37,000.00
2. 35,000.00
3. 33,000.00

Q9. Depreciation expense for 2020 is at 500,000.00, compute for the company's 2020 quick ratio

1. 1.2
2. 1.7
3. 1.8

Q10. Depreciation Expense for 2020 is at 500,000.00, compute for the 2020 Times interest earned

1. 1.2
2. 1.20
3. 1.6

Q11. Depreciation Expense for 2020 is at 500,000.00

Using the data above, compute for the company's 2020 Retained Earnings

1. 400,000.00
2. 350,200.00
3. 300,000.00

Q12. Depreciation Expense for 2020 is at 500,000.00

Using the data above, compute for the company's 2020 Accounts payable?

1. 240,050.00
2. 450,000.00
3. 230,000.00

Q13. Depreciation Expense for 2020 is 500,000.00

Using the data above, compute for the company's 2020 Earnings Before Tax

1. 65,200.00
2. 70,000.00
3. 60,000.00

Q14. The depreciation expense for 2020 is 500,000.00. What is the 2020 change in cash position due to financing activities?

1. 490,452.00
2. 420,150.00
3. 390,250.00

Q15. Depreciation Expense for 2020 is at 500,000.00

Using the Data above, compute for the company's 2020 Accounts Receivable.

1. 805,556
2. 875,656
3. 835,545

2020 5,075,000.00 Cash Accounts Receivable Inventories Total Current Assets Net Fixed Assets Total Assets 2020 2019 25,000.00 24,100.00 763,900.00 763,445.00 1,551,445.00 1,593,819.00 1,343,707.00 2,895, 152.00 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses EBIT Interest EBT Tax Earnings Available for Preferred Stoks Preferred Dividends Earnings Available for Common Stocks 93,000.00 24,000.00 311,000.00 75,000.00 3,000.00 Accounts Payable Notes Payable Accruals Total current Liabilities Long Term Debt Shareholders' Equity Retained Earnings Total Liabilities and Shareholders Equity 400,500.00 370,000.00 100,902.00 871,402.00 700,000.00 1,043,750.00 280,000.00 2,895,152.00 1,165,250.00 Common Stock Dividends 13,000.00 5.3 57 1.6 0.57 Inventory Turns Average Collection Period Asset Turnover Debt Ratio Gross Profit Margin Net Profit Margin ROA ROE Current Ratio 0.27 0.0071 1.2 2.7 2.49