In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable increased by Accounts receivable decreased by Inventories increased by Depreciation expense $52,000 18,000 25,000 5,000 30,000 Net cash provided by operating activities was: Multiple Choice $120,000 $60,000 $70,000. $80,000 $130,000. Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 4% charge on sales for using its card. On May 26, Brinker had $6,500 in First Savings Bank Card credit sales. What entry should Brinker make on May 26 to record the deposit? Multiple Choice Debit Cash $6,760; credit Credit Card Expense $260; credit Sales $6,500. Debit Cash $6,240; debit Credit Card Expense $260; credit Sales $6,500. Debit Cash $6,500; credit Sales $6,500. Debit Accounts Receivable $6,240; debit Credit Card Expense $260; credit Sales $6,500. Debit Accounts Receivable $6,500; credit Sales $6,500. A company had interest expense of $8,400, income before interest expense and income taxes of $19,600, and net income of $10,000. The company's times interest earned ratio equals: Multiple Choice O 1.19 O 0.84. 2.33 0.43 O O 1.96