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Question 6: (1 Point) The accountant for David's Dumpsters wants to calculate the firm's current ratio. The most recent balance sheet shows the following: accounts
Question 6: (1 Point) The accountant for David's Dumpsters wants to calculate the firm's current ratio. The most recent balance sheet shows the following: accounts receivable is $1,530, accounts payable is $1,651, inventory is $2,620, and cash is $1,755. 2.51 2.86 3.58 3.86 4.18 Question 7: (1 Point) Calculate sales for Crispy Chicken given the following financial information: depreciation expense of $20,100; costs of $90,800; interest expense of $10,500; and earnings before tax of $36,900. Assume the tax rate is 30%. S25,830 $158,300 S202,714 $310,000 Remember to breathe Question 8: Brick Inc. has purchased an asset costing $600,000. This asset belongs to Class 8 with a CCA rate of 20%. Under the half year rule, the second year CCA is: (1 Point) 560,000 $76,500 596,000 $108,000 Remember to breathe
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