Question 13 1. Q: By treasury stock, we mean common shares that: A. The company has never issued. B. Are currently held (owned) by investors. C. Are owned by company employees. D. The company has repurchased from investors. 1 points

Question 14 1. Q: Which of the following is not an OPERATING liability? A. Wages payable B. Bonds payable C. Unearned revenue D. Rent payable

Question 15 1. Q: A company had annual cost of goods sold for calendar year 2021 of $85,000. Revenues were $200,000. The inventory balance on 12/31/2021 was $19,000. The balance on 12/31/2020 was $16,000. What is the company's inventory turnover ratio for 2021? 4.86 5.0 4.5 10.5