Mar f 11 Questions 24 to 33 are independent of each other: Q24. Which of the following ratios must be reported in the financial statements? Current ratio Net earnings Net profit margin Earnings per share Q25. Joey Ltd reported $1.200,000 in current assets, $1,000,000 in total liabilities and $500,000 in total shareholders' equity. Based on this information, non-current assets would equal $200,000 O $1.700.000 $300,000 O $3,700,000 Q26. Which of the following does NOT constitute an external user of financial statements for Kanaan Foods, a large grocery retailer in Western Canada? O Corporate Loan Manager at the local bank O Potential Investor from an investment firm Government Agent at Canada Revenue Agency O Kanaan Foods' Chief Executive Officer (CEO) Q27. Which of the following statements is NOT true? It is management's responsibility to ensure the accuracy of financial statements O Expenses represent the monetary value of resources an entity uses up, or consumes, to earn revenues during the period