Question: Please answer all Question 5 (2 points) The amount of net income earned by the company through operations is its 1) liquidity O 2) solvency

Please answer all Please answer all Question 5 (2 points) The amount of net

Question 5 (2 points) The amount of net income earned by the company through operations is its 1) liquidity O 2) solvency 3) profitability 4) entity Save Question 6 (2 points) Cost of goods sold is O 1) a product cost 2) a period cost. 3) recorded in a liability account until inventory is sold. 4) recorded when inventory is purchased Save

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