16. The 2013 entry for inventory is ?

20.The quick ratio in 2013 was?

23. The information below is from RFG'S financial statements RFG's depreciation expense for 2013 was $ 600. Gross fixed assets for 2013 were?$

2012 2013

Gross fixed assets 10,000 ?

Net fixed assets 7600 8100

24. Assume several firms have positive total cash flow. An investor would prefer the firm with positive cash flow from __________ even though the other sources of cash flow are negative

a operations b. financing c. investing d. insourcing e. oursourcing

Use the following information for questions 16-23. 2012 201 300 750 900 450 300 1,500 1,815 1,200 1,500 1,050 1,200 Category Accounts payable Accounts receivable Accruals Cash Common Stock COGS Depreciation expense Gross fixed assets Interest expense Inventories Long-term debt Net fixed assets Notes payable 825 75 2,250 2,700 150 ??7 120 750 1,500 1,650 1,875 2,250 825 690 Operating expenses (excl. depr.)225 300 Retained earnings Sales Taxes 750 1,125 1,950 2,250 90 120 Tho 0012