please answer the following:

The payback method of evaluating capital investments measures the recovery of the investment, but it does not measure profitability. True or False True False The following balance sheet information is provided for Gaynor Company: Year 2 Year 1 $ 3,050 $ 2,300 Accounts receivable 15,800 13,800 Inventory $32,500 $40,000 Assets Cash Assuming Year 2 cost of goods sold is $118,000, what is the company's inventory turnover? Multiple Choice 2.95 times 3.26 times 3.63 times None of these answers are correct. All of the following are additions to net income when preparing the statement of cash flows under the indirect method except: Multiple Choice a decrease in accounts receivable. losses on sales of long-term assets. a a decrease in accounts payable O a decrease in prepaid insurance. Item to Classify Standard Actual Sales volume 105,000 units 101,000 units Sales price $ 4.50 per unit $ 4.40 per unit Material usage 45,000 gallons 47,000 gallons Labor price 13.00 per hour 12.95 per hour The sales volume variance was: Multiple Choice $18,000 favorable. $27,250 favorable $27,250 unfavorable. $18,000 unfavorable