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Clear my choice [The following information applies to the questions displayed below.) an The financial...

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Accounting

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Clear my choice [The following information applies to the questions displayed below.) an The financial statements of Seldin, Inc. provide the following information for the current year: Dec 31 Jan.1 Accounts receivable $35.000 540,000 Inventory $55.000 $57,000 Prepaid expenses $12,000 $14,000 Accounts payable (for merchandise) $33,000 $32.000 Accrued expenses payable $15.000 $20,000 Net sales $260,000 Cost ds sold $ 130,000 Operating expenses (including depreciation of $18,000) $80,000 Compute the amount of Seldin's cash payments for operating expenses. Select one: O A. $73,000 O B. $65,000 O C. $59,000 O D. $81,000 Farh in 2010 larron Corporation purchased marketable securities at a cost of $90,000. In September, dividends of 56,600 were receive 102 7&cmid=2710941&page=1 [The following information applies to the questions displayed below.) Shown below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are in thousands): Cash Accounts receivable Inventory Total assets Curreabilities Noncurrent liabilities $ 75 $ 135 $ 240 $ 900 $ 300 $ 375 200 What is the current ratio? Select one: O A. 0.8 to 1 OB.O. 7 to 1 O C. 5. O to 1 O D. 1.5 to 1

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