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Thank you for taking your time to answer these two questions. Question 4 and 5. 123456789. Thank you. QUESTION 4 Which of the following transactions
Thank you for taking your time to answer these two questions. Question 4 and 5. 123456789. Thank you. QUESTION 4 Which of the following transactions would increase both Cash and Non-current liabilities? Ca. Payment from a customer b. A bank loan Cc. Purchasing goods on credit Cd. Payment to a supplier QUESTION 5 Listed in random order below are the balance sheet figures of a company as of 31 August 2020: . . Accounts receivable, $50,000 Accounts payable, $30,000 Building, $90,000 Share capital, $100,000 Bank loan, $40,000 Inventories, $10,000 Cash, $20,000 Intangible assets, $30,000 Equipment, $40,000 Retained earnings, $40,000 The company's current ratio is closest to: a. 4.00 b.5.00 c. 2.67 d. 1.14 e. 2.33
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