Given the following information: $400,000 Current Assets $1,600,000 Total Assets $200,000 Current Liabilities $1,200,000 Total Liabilities What is your company's Current Ratio? Select one: o a. 2.00 b. 0.50 O c. 0.33 O d. 8.00 O e. 1.33 o f. 0.75 Given the following information: $45,000 Average Accounts Receivable $150,000 Average Merchandise Inventory $500,000 Cost of Goods Sold $2,000,000 Sales Revenue How many times did your company's A/R "turn" during the year? Select one: O a. 11.11 times O b. 3.33 times O c. 13.33 times O d. 44.44 times O e. 4.00 times Given the following information for Direct Labor. Standard Hours = 4.00 Standard Wage = $12.00 per hour Actual Hours = 5.00 Actual Wage = $10.00 per hour What is the DL Hours Variance? Select one: O a. $12.00 Unfavorable O b. Favorable O c. Favorable O d. $10.00 Unfavorable Given the following information for Direct Labor: Standard Hours = 4.00 Standard Wage = $12.00 per hour Actual Hours = 5.00 Actual Wage = $10.00 per hour What is the DL Wage Variance? Select one: O a. Favorable O b. $10.00 Unfavorable O c. Favorable O d. $8,00 Unfavorable Given the following information for Direct Materials: Standard Quantity = 14.00 Standard Price $5.00 Actual Quantity = 11.00 Actual Price = $6.00 What is the DM Quantity Variance? Select one: O a. (3.00) Favorable O b. 3.00 Unfavorable O c. ($15.00) Favorable O d. $15.00 Unfavorable O e. ($18.00) Favorable O f. $18.00 Unfavorable