Reference no: EM132998794

Problem 1: Calculate a company's current assets based on the following data from its balance sheet: cash $100,000; accounts receivable $18,000; equipment $75,000; property $90,000; inventory $50,000.

Group of answer choices

Option 1: $168,000

Option 2: $118,000

Option 3: $333,000

Option 4: $243,000

Problem 2: Investments in which of the following would impact cash flow from investing activities on a cash flow statement?

Group of answer choices

Option 1: Accounts Receivable, Inventory, Equipment, Land

Option 2: Inventory, Dividends, Buildings, Ownership in Other Companies

Option 3: Sales, COGS, Income Tax, Net Income (EAT)

Option 4: Intangible Assets, Equipment, Buildings, Ownership in Other Companies