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hi, i need the answer of this questions asap!! thanks. When preparing a bank reconciliation, which of the following items would be added to the
hi, i need the answer of this questions asap!! thanks.
When preparing a bank reconciliation, which of the following items would be added to the book balance? Select one: O a. EFT payments O b. EFT cash receipts O c. deposits in transit O d. NSF cheques If the assets shown on a balance sheet are subjected to vertical analysis (using total assets as the base), an increase in the figure for non-current assets from 40% to 55% would always mean that: Select one: O a. total current assets have decreased as a percentage of total assets O b. the dollar amount of current assets has decreased O c. total non-current assets have increased as a percentage of total assets O d. total non-current assets have increased as a percentage of total assets and total current assets have decreased as a percentage of total assets An efficient capital market is one in which market prices fully reflect all information available to the public. Select one: O True O False The following data represent selected information from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended December 31, 2017 and 2016: Cash Net accounts receivable Inventory Prepaid expenses Total current assets Total non-current assets Total current liabilities Total non-current liabilities Common shares Retained earnings Net credit sales Cost of goods sold Gross margin income from operations Interest expense Net income 2017 $ 10,000 30,000 43,000 5,000 88,000 112,000 70 000 40.000 60,000 30,000 370.000 150,000 220,000 95.000 8.000 70,000 2016 $ 15,000 25,000 40,000 7.000 87,000 114,000 60,000 45,000 60.000 36.000 333,000 160.000 173.000 87.000 8.000 57.000 10,000 shares of common shares have been issued and outstanding since the company was established They had a market value of S90 per share on December 31, 2016, and they were selling for $91,50 on December 31, 2017 Refer to the table above. For the year ending on December 31, 2016, Hot Rolled Corporation's rate of return on net sales was: Select one: O a. 0.19 b. 0.21 O 0.17 d. 0,18 Step by Step Solution
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