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Question 12 2 points FINANCIAL RATOs which financiratie is defined as dan dided by accounts receivable turnoverato O A Days' sales in receivables B. Current ratio C.Tiesinterest and ratio D. Profit margin ratio L. Asset turnoverato Moving to the next question prevent changes to this answer Question 17 of 50 Moving to the requestion prevent changes to this answer Question 18 of 50 Question 18 2 points Sad DEPRECATION Company purchased equipment for 110,000 on 1/1/2020. The equipment has a useful life of 4 years and area of 10,000 and will produce 100.000 total units of production over the selle. For 2020 the equipment had 30.000 units of production Using the units of production method of depreciation, what is the amount of depreciation expense for 2020 A 110.000 OB. 100.000 C.27,500 D. 25.000 E. None of the above Moving to the red question prevents changes to this answer Question 18 of SO Moving to the next question prevent changes to this answer Question 22 of 50 Question 22 2 points FINANCIAL RATIOS: Which financial ratio is defined as 365 days divided by inventory turnover? O A Days sales inventory 8. Dette Equity CAod-test ratio D. Accounts receivable mover ratio Einvertory turnover Moving to the next question prevents changes to this answer Question 22 of 59 0 E Moving to the next question prevents changes to this answer Question 5 Question 15 2 points DEPRECIATION: Which method of computing depreciation expense results in the amount of depreciation for each year depending on the units of production for that year? A Straight line O B. Double-declining balance C. Units of production D. Sum of the years digits E. None of the above Moving to the next question prevents changes to this answer. Question 15 WETTO Question 16 2 points PARTNERSHIP INCOME DISTRIBUTION: For partnership F, Partner B's salary allowance is 100,000 and Partner B's interest on original capital balance is 10,000 and Partner B's share of the remainder of the partnership's net income is 10,000, how much is Partner B's total share of the partnership's net income? A 170,000 B. 150,000 O C. 120.000 D. 100.000 None of the above A Moving to the next question prevents changes to this answer. Question 1 FINANCIAL RATIOS: Which financial ratio is defined as cost of goods sold divided by average merchandise inventory A Days sales in inventory B. Debt-to-Equity ratio C. Acid-test ratio D. Accounts receivable turnover ratio E. Inventory turnover Moving to the next question prevents changes to this answer. Question 39 2 points SA PARTNERSHIP INCOME DISTRIBUTION Partnership A has three partners AB and if the total total partners salary allowances are 300,000, and Partner A's salary allowance is 50.000 and Partners salary allowance is 100,000, how much is Partner salary allowance? A 300,000 O 8.150,000 C100.000 D. 50.000 E. None of the above Moving to the next question prevents changes to this answer Question 39 of so Moving to the next question prevents changes to this answer Question 44 of SC Question 44 2 points DEPRECATION. Company has equipment with a useful life of 10 years. What is the double declining balance rate for the equipment A 1/10 B. 115 OC2010 D. 21/50 E. None of the above A Moving to the next question prevents changes to this answer. Question 44 of 5C yu Question 47 2 points PARTNERSHIP INCOME DISTRIBUTION. For partnership 8, the original capital balances for the three Partners Partner A 100,000, Partner 8 200,000 and Partner 300,000 of the interest on original capital balances is at the rate of 10%, how much is the interest on Partners the original capital balance! A 200,000 B. 30,000 OC 20.000 D. 10,000 E. None of the above Moving to the next question prevents changes to this answer. Question 36 FINANCIAL RATIOS: Which financial ratio is defined as net income divided by net sales revenue? A Days' sales in receivables B. Current ratio C. Times interest earned ratio O D. Profit margin ratio E. Asset turnover ratio A Moving to the next question prevents changes to this answer. A Moving to the next question prevents changes to this answer. Question 37 JOURNAL ENTRIES: What is the adjusting journal entry to record the accrual of $500 of unpaid interest on a note payable? A. Dr. Cash 500; Cr. Interest Revenue 500 B. Dr. Interest Revenue 500; Cr. Cash 500 C. Dr. Cash 500; Cr. Interest Receivable 500 D. Dr. Interest Receivable 500; Cr. Cash 500 E. None of the above