Systat Lid holds 18% of the common shares of Welsch Lid as a short-term investment (FVTPL method). Welsch has just declared and paid a cash dividend of $0.25 per share to all common shareholders, Which of the following item best describes the effect of this event on the financial ratios of Systat? Times interest earned ratio will not change Current Ratio will increase Earnings Per Share will decrease Asset Turnover Ratio will increaseListen On a bank reconciliation, which of the following would be deducted from the balance per books? Non-sufficient fund service charges Electronic fund transfer payment made by a customer on account Deposits in transit age 4: Outstanding cheques Page 9 of 19Markel Inc. has acquired a parcel of land and a building for a total cost of $750,000 paid with cash. An independent appraisal supports the fair value of land and building at $160,000 and $640,000 respectively. What is the acquisition cost of building that Markel Inc. should record? $610,000 $620,000 $590,000 $600,000