A. Using content from question 4, what is the company's operating cash flow?

During the year, the Boots and Shoes Company had gross sales of $925,000. The firm's cost of goods sold and selling expenses were $515,500 and $220,000, respectively. The company also had notes payable of $520,000. These notes carried an interest rate of 3%. Depreciation was $130,500. The tax rate was 21 percent.

Round to the nearest dollar. Format without a dollar sign as "XX,XXX"

B. During the year, the Boots and Shoes Company had gross sales of $925,000. The firm's cost of goods sold and selling expenses were $515,500 and $220,000, respectively. The company also had notes payable of $520,000. These notes carried an interest rate of 3%. Depreciation was $130,500. The tax rate was 21 percent.

What is the company's net income?

Round to the nearest dollar. Format without a dollar sign as "XX,XXX"

C. If a company has a current ratio of 1.3, a quick ratio of 0.7, and current assets of $450,000, what is the investment in inventory?

Please round to the nearest cent and enter with numbers in the following format "XXX,XXX.XX"

D. Which one of the following is the least liquid current asset?

Group of answer choices

cash

inventory

account receivables

plants and equipment