If a firm capitalires for depreciation an item that should have been fully expensed in the period that it was purchased then Select one O A Expenses will be higher in that period B. Expenses will be lower in that period OC. Profits will be higher in the following period OD. Profits will be lower in that period O E. No conclusion can be drawn without further information The balance sheet provides information on all of the following except for Select one O A how management invested its money. B. where the money came from. the relationship between debts and equity. OD ascertaining Mock market prices the mix of current sets versus long-term or non-current assets Concerning the Balance Sheet Select one A A high level of Goodwil is greatly desired and leads to increased profit returns B. Current Assets are cash or will be converted to cash within twelve months or one operating cycle it is longer than the months C. We like to wod a high level of current abilities due to the high finance/terest costs these types of satis pose to our company D. The treasury stockine item appears in the Equity section of the balance sheet and increase my total equity level Long-term is never a good thing to see on the balance sheet and generally leads to the run of com