The quick Ratio Includes at the of the following Except:

Question 4 options:

Marketable Securities

Cash

Inventory

Accounts Receivable

Question 5(10 points)

Working Capital includes which of the following?

Question 5 options:

Deferred expenses and Depreciation

Current assets and Current liabilities

Owner's Capital and Cash

Accounts Receivables and Owner's Withdrawal

Question 6(10 points)

What is the Quick Ratio given the following information?

Current Assets = $477.50

Inventory = $275

Current Liabilities = $1075

Question 6 options:

0.70

0.45

0.33

0.60

Question 7(10 points)

Saved

What is theCurrent Quick Ratio given the following information?

Current Assets =$750

Inventory = $275

Current Liabilities = $1075

Question 7 options:

0.81

0.70

0.95

0.65

Question 8(10 points)

During the closing process, which of the following would likely occur?

Question 8 options:

Debit Revenue and Credit Income Summary

Debit Cash and Credit Income Summary

Debit Earned Income and Credit Income Summary

Debit Assets and Credit Income Summary

Question 9(10 points)

Which of the following are permanent accounts that roll over to the next accounting period?

Question 9 options:

Expenses

Revenue

Assets

Dividends

Question 10(10 points)

The Income Summary account is closed to which of the following accounts?

Question 10 options:

Retained Earnings

Withdrawals

Expenses

Dividends