Assume the following Balance Sheet for a company: BALANCE SHEET ASSETS Cash $ 5,000 Accounts Receivable $125,000 Inventory $200,000 Land $70,000 Buildings $200,000 Less: Accumulated Depreciation $100,000 Total Assets $500,000 LIABILITIES AND EQUITY Accounts Payable $100,000 Income Tax Payable $50,000 Mortgage Loan $200,000 Common Stock $100,000 Retained Earnings $50,000 Total Liabilities and Equity $500,000 Compute the current ratio for this company. Group of answer choices

Which of the following statements is true about financial planning

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk