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- You opened a savings account four years ago and deposited $200 at that time. Three years you added another $400 to the account. Last

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- You opened a savings account four years ago and deposited $200 at that time. Three years you added another $400 to the account. Last year, you deposited an additional S100 this account. The rate of return is 5 percent compounded nully. How much is in your account today? A) $772.53 B) S806.15 C) 8811.15 D) 5813.67 6) Noncash items refer to: A) fixed expenses. B) inventory items purchased using credit. C) the ownership of intangible assets such as patents. D) expenses that do not directly affect cash flows. E) sales that are made using store credit. 7) Which one of the following is a correct formula for computing Du Pond Identity? A) Profit margin * ROA B) ROA X Equity multiplier C) Profit margin x Total asset turnover Debt-equity ratio D) Net income Total assets E) Debt-equity ratio x ROA 8) Which one of the following accounts is the most liquid? A) Inventory B) Building C) Accounts Receivable D) Equipment E) Land 9) Which of the following individuals have unlimited liability for a firm's debts based on their ownership interest? A) Only general partners B) Only sole proprietors C) All stockholders D) Both limited and general partners E) Both general partners and sole proprietors

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