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Question 1 Question 2 Question 3 Question 4 Question 5 The Ranger Corporation data for the current year and prior year is as follows: Current
Question 1
The Ranger Corporation data for the current year and prior year is as follows: Current year $51,240 73,800 $67,500 $41,400 $26,600 $42,000 $82,540 $596,000 $481,000 $115,000 Prior year $42.000 $60,000 $50,000 $30,000 $28,000 $35,000 $59,000 $500,000 $400,000 $100,000 Current assets Current liabilities Long- term liabilities Common stock (5,000 shares) Retained earnings Net sales revenue Gross Profit A. An increase of 19.2% in sales revenue B. An increase of 39.9% from prior to current year C. Increase of $7,000 in common stock O D. Sales return of $9.14 Question 2
Question 3
Question 4
Question 5
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