lleo Company's Accounts Receivable decreased by $25,000 and its Accounts Payable increased by $9,000. What is the net effect on cash from operations under the indirect method? OA. +$16,000 OB. -$34,000 OC. + $34,000 OD. - $16,000 Operating expenses (other than depreciation) for the year were $573,000. Accrued expenses decreased by $49,000 Cash payments for operating expenses to be reported on the cash flow statement using the direct method would be: O A $622,000 O B. $49,000 OC. $524,000 OD. $573,000 Wonderland, Inc. has $52,000 in cash; $13,000 in Accounts Receivable; $24,000 in short-term investments, and $110,000 in merchandise inventory. The company also has $56,000 in current liabilities. What is Wonderland's current ratio? (Round your final answer to two decimal places.) O A. 3.55 OB. 1.59 O C. 1.16 OD. 0.93