Question 7 is a current liability An account receivable, Inventory An account payable. None of these are correct. Cash. Question 8 Which financial statement reports a firm's assets, liabilities, and equity at a particular point in time? Statement of Retained Earnings. Income statement. Statement of cash flows. Balance sheet. The DuPont identity breaks down return on equity (ROE) into the following components: O profit margin, total debt ratio, and equity multiplier. current ratio, profit margin, and equity multiplier. current ratio, total asset turnover, and equity multiplier. O profit margin, total asset turnover, and total debt ratio. O profit margin, total asset turnover, and equity multiplier. 1 pts Question 10 All else being equal, an increase in which one of the following accounts increases a firm's current ratio without affecting its quick ratio? Inventory Cash. Accounts payable. None of these are correct. Accounts receivable