Sales revenue in Year 1 is $120,000 with a trend index number of 110. Sales revenue in Year 2 is $140,000 with a 121 trend index number. Year 1 sales revenue converted to current dollars is: $132,000 a. $121,000 b. $110,000 Oc. $151,000 d. The debt to equity ratio is: a. Total stockholders' equity divided by total long-term liabilities. Total long-term liabilities divided by b. total fixed assets Total by total liabilities divided stockholders' equity C. Total assets divided by total liabilities d. Comparative horizontal balance sheets show the: Change in individual account balances in both dollar and percentage a. terms from one period to the next. . Change in individual account balances in dollars from one period to the b. next. Various assets, liability, and owners' equity account balances as a percentage total sales revenue. of c. Change in individual account balances in percentage terms from one Od. period to the next. Each day's cash receipts should be deposited intact in the bank daily: To avoid having to establish a petty cash system a. b. To prevent lapping Oc. To prevent temporary borrowing of funds by employees handling cash So a receipt will not be required from the d. bank