Linetech Company's bank statement showed an ending balance of $8,300. Items appearing in the bank reconciliation included: outstanding checks, $650; deposits in transit, $1,300; bank service charges, $53; and Driver Company's $265 check erroneously deducted from Linetech's bank account by the bank. What is the correct cash balance at the end of the month? Multiple Choice o o $8,950. $8,685. o $9,215. o $11,536. The Rye Corporation has provided the following information: Total sales were $1,325,000. Beginning net accounts receivable was $47,500. Ending net accounts receivable was $62,000. Sales returns and allowances totaled $125,000. What was Rye's receivables turnover ratio? 21.40 10.96 24.20