What would be the correct of in short term borrowing on working capital? Increas

Question

What would be the correct of in short term borrowing on working capital? Increases to S360.000 Decreases lo S 240.000 Will stay the same at $300,000 None of the above Martin Company has 30 acid,ntio of 2 to 1. If Martin has $80,000 in cash. 520,000 in marketable securities, $300.000 in inventories and $100,000 in net accounts receivable. How much arc the current liabilities? $20.000 $100.000 $250,000 $80.000 Discontinued operations arc always shown Net of lax on the balance sheet Before tax on the income statement Net of tax on the income statement Before tax on the retained earnings statement Which of the following is considered manufacturing overhead? The sales person's salary Factory security salaries The company president's salary They are all manufacturing overhead The salary of the factory supervisor would be difficult to allocate to any particular product and would be classified as: A period cost Direct labor Indirect labor None of the above An example of a period cost would be: The front office's bookkeeper's salary The factory supervisor's salary Depreciation on the factory machinery Indirect materials In a manufacturing environment the cost of the beginning finished goods imcnton added to the cost of goods manufactured in order to calculate? Cost of goods sold Cost of unfinished product Total manufacturing costs Cost of goods available for sale

Explanation / Answer

Question No Answer 13 A) Increased to $360,000 14 C) $250,000 15 C) Net of tax on the Income statement 16 B) Factory Security salaries 17 C) Indirect Labour 18 A) An front office's bookkeeper's salary 19 A) Cost of Good Sold

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