please select the correct answer

QUESTION 30 Financial Analysts and investors respond favorably when they observe that a large decrease in Accounts Receivable was the primary factor causing cash flow from operations to be much larger than net income because O a. They infer that the firm is not selling as many goods and services on account in the current perlod as compared to prior periods O b. They infer that the firm is maintaining their cash collections procedures, but they sold more goods and services on account in the current period as compared to prior periods OfThey infer that the firm is selling more goods on account in the current period rather than in cash. d. They infer that credit sales remained steady in the current period as compared to prior periods, but the firm improved their cash collection procedures. QUESTION 31 A company wants to strengthen its financial position. Which of the following actions would increase its current ratio? d. Collects account receivable in 15 days rather than 30 days. b. Purchase PPE with cash Oc Use cash to increase inventory holdings Od Issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash. QUESTION 32 On July 1, 2019, Wasson Company purchased a delivery vehicle costing 535,000, Wasson also insures the vehicle while it is in transit from the vendor for $5,000. Once the vehicle is on site, Wasson pays $10,000 for the first year of insurance coverage. The vehicle has an estimated 6 year life and a $4,000 residual value. What is the vehicle's accumulated depreciation as of December 31, 2020 assuming Wasson uses the straight-line depreciation method? * $9.000 Ob:57,750 O $11.500 4. $12,000