QUESTION 21 Aletha and Alishia would like to accumulate three times their monthly expenses in monetary assets. They currently have $1,500.00 in their money market account, and their monthly expenses are $4,900.00 How much more do they need in their money market account to reach their goal? o a $3,400.00 o b. $13,200.00 O c. $4,500.00 O d. $4,900.00 QUESTION 22 Which of the following statements is CORRECT? o a. Depreciation is not a cash charge, so it does not have an effect on a firm's reported profits. o b. The more depreciation a firm reports, the higher its tax bill other things held constant. c. Because a firm's cash flow is shown as the lowest entry on the income statement, people often call it the bottom line." d. Operating income is derived from the firm's regular core business. Operating income is calculated as O Revenues less Operating costs. Operating costs do not include Interest or taxes. QUESTION 23 Prophett Inc., 's current balance sheet shows total common equity of $3,056,440.00. The company has 320,000.00 shares of stock outstanding, and they sell at a price of $12.80 per share. By how much do the firm's book value and market value per share differ? (Round your intermediate and fina answer to two decimal places.) O a. $3.25 O b. $9.55 O c. $12.00 od. S-3.25