Question: 8- Returns on equity. (5 marks) Section 2: (20 marks) Answer only two questions from 1-3 (each 10 marks, 10x2=20). Question 1: EFG Corporation experienced

8- Returns on equity. (5 marks) Section 2: (20 marks) Answer

8- Returns on equity. (5 marks) Section 2: (20 marks) Answer only two questions from 1-3 (each 10 marks, 10x2=20). Question 1: EFG Corporation experienced the following activity last year: Sales: $100,000 which were sold 100% on credit still uncollected Cost: $70,000 (ali paid in full under supplier terms), Show the difference the accrual principal versus the cash method principal (10 marks)

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