Which of the following are components of accumulated other comprehensive income? A. Realized gains or losses on investments B. foreign currency translation adjustments C. unrealized holding gains and losses on certain marketable debt securities D. Restructuring expenses. E Both b and c are correct 4. Company A owns 80 percent of the shares of Company B. The financial statements of Company B are consolidated with those of Company A. Company A reports "non controlling interest" on its consolidated balance sheet. This account represents: A. A's minority share of the stock of B B. A's share of the majority of stock of b C. the amount Company A's equity owned by the minority shareholders D. the portion of the equity of Company B owned by non controlling interests E. the minority share by outside owners of the equity of A and B 5. Liquidity ratios can be used: A. to measure the degree of protection of long-term suppliers of funds B. to measure borrowing capacity C. to measure the earning ability of a firm D. to measure the firm's ability to meet its current (short-term) obligations E to measure the worth of the firm 6. Company A uses LIFO and Company B uses FIFO for inventory valuation. Otherwise, the firms are of similar size and have the same revenue and expense Assume inflation. In analyzing liquidity and profitability of the two firms, which of the following will hold true? A. It is impossible to compare two firms with different inventory methods. B. Company B will have relatively higher profit and higher inventory turnover. C. Company B will have relatively higher profit and lower gross profit margin. D. Company A will have a higher current ratio and the same profit as LIFO. E. Company B will have relatively higher profit and a higher current ratio. 7. Which of the following would best indicate that the firm is carrying excessive inventory? A. a decline in receivable turnovers B. a decline in the current ratio C. a decline in days' sales in inventory D. A declining inventory turnover ratio E. a rise in total asset turnover