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HELP?!? Kay's dress shop incorporated on July 1, 2019 and immediately borrows $150,000 at 6% for one year for working capital purposes and used the

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Kay's dress shop incorporated on July 1, 2019 and immediately borrows $150,000 at 6% for one year for working capital purposes and used the funds primarily to purchase $90,000 of dresses for inventory. How much interest expense should be accrued at her calendar year-end? Multiple Choice Best Bargain collects $33.00 from a customer. This amount includes the price of the earphones and the applicable sales taxes (9%). How much sales taxes were collected? Multiple Choice 0 0 0 0. Ace Company a Houston, Texas company Current assets are $200,000 and Current liabilities are $100,000. Ace has a current ratio of 2:1 and a quick ratio of 1:1. Ace used $50,000 cash to purchase additional inventory. What will Ace's current ratio and quick ratio be respectively after the purchase? Multiple Choice 21 and 51 1.5:and 5:1 2:1 and 1.5:1 21 and 11

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