Question
PLEASE HELP The quick Ratio Includes at the of the following Except: a.Marketable Securities b.Cash c.Inventory d. Accounts Receivable Working Capital includes which of the
PLEASE HELP
The quick Ratio Includes at the of the following Except:
a.Marketable Securities
b.Cash
c.Inventory
d. Accounts Receivable
Working Capital includes which of the following?
a.Deferred expenses and Depreciation
b.Current assets and Current liabilities
c.Owner's Capital and Cash
d.Accounts Receivables and Owner's Withdrawal
What is the Quick Ratio given the following information?
Current Assets = $477.50
Inventory = $275
Current Liabilities = $1075
a.0.70
b.0.45
c.0.33
d. 0.60
What is theCurrent Quick Ratio given the following information?
Current Assets = $750
Inventory = $275
Current Liabilities = $1075
a.0.81
b.0.70
c.0.95
d.0.65
During the closing process, which of the following would likely occur?
a.Debit Revenue and Credit Income Summary
b.Debit Cash and Credit Income Summary
c.Debit Earned Income and Credit Income Summary
d.Debit Assets and Credit Income Summary
Which of the following are permanent accounts that roll over to the next accounting period?
a.Expenses
b.Revenue
c.Assets
d.Dividends
The Income Summary account is closed to which of the following accounts?
a.Retained Earnings
b.Withdrawals
c.Expenses
d.Dividends
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