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Select the four statements that are TRUE about the following company: Cost of goods sold Gross profit Salaries Depreciation Other operating expenses Total operating expenses

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Select the four statements that are TRUE about the following company: Cost of goods sold Gross profit Salaries Depreciation Other operating expenses Total operating expenses Net income \begin{tabular}{rr} \hline 116,000 & 108,500 \\ \hline 149,000 & 111,500 \\ 72,000 & 60,000 \\ 20,000 & 23,000 \\ 31,000 & 22,000 \\ \hline 123,000 & 105,000 \\ $26,000 & $6,500 \\ \hline \end{tabular} Cash from operating activities Cash from investing activities Cash from financing activities $$$5,0005,0005,000 Correct choices increase your score. Incorrect choices decrease your score. I highly recommend that you do not guess. Select one or more: a. The company had difficulty collecting accounts receivable in 2022, if their goal is 30 days b. Profit margin in 2023 was about 3.3 times the profit margin in 2021 c. The company's current ratio improved from 2021 to 2022. d. The company paid dividends in 2022 e. The company was not able to generate positive cash flow from core business operations f. The company's gross profit margin decreased slightly from 2021 to 2022 9. In 2022, the company is taking less time to sell inventory than in 2021 which was 67 days. h. The company's debt ratio went up very slightly between 2021 and 2022

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