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please help me answer these Multiple Choice 0.0/1.0 point (graded) Which of the following options is considered cash and cash equivalents? CD with a maturity
please help me answer these Multiple Choice 0.0/1.0 point (graded) Which of the following options is considered cash and cash equivalents? CD with a maturity of 3 years Note Receivable Accounts Receivable Travellers checks Multiple Choice 0.0/1.0 point (graded) Which of the following options is true for a classified balance sheet? Is the same as an unclassified balance sheet Classifies equity into current and long-term Reports current and noncurrent common stock Orders assets based on liquidity Multiple Choice 0.0/1.0 point (graded) What is the primary purpose of internal controls? To punish those who commit fraud To eliminate all errors from occurring To eliminate all fraud by employees To manage risk and reduce fraud Multiple Choice 0.0/1.0 point (graded) Assume Cheese Co. has a current ratio of 2.0 and Bread Co. has a current ratio of 1.4. What can we conclude about these two companies? Bread Co, is less profitable than Cheese C. Bread Co, is more efficient than Cheese Co. Cheese Co. has better liquidity than Bread Co. Cheese Co. is more profitable than Bread Co. 1 point passibile (araded) If current assets are $100,000, total assets are $400,000, current liabilities are $25,000, and total liabilities are $200,000, what is the current ratio? 0.25 4.0 5.25 20 Multiple Choice 1 point possible (graded) If current assets are $500,000, current liabilities are $122,000, and total liabilities are $700,000, what is working capital? ($200,000) 51,322,000 $378,000 ($322,000)
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