Question: The correct order to present current assets is .a. C. Cash, inventories, accounts receivable, prepaid items O .b. A. Cash, accounts receivable, prepaid items, inventories



The correct order to present current assets is .a. C. Cash, inventories, accounts receivable, prepaid items O .b. A. Cash, accounts receivable, prepaid items, inventories o .c. B. Cash, accounts receivable, inventories, prepaid items O .d. D. Cash, inventories, prepaid items, accounts receivable O Craig Rusch Corporation reports the following information Net income $500,000 Dividends on common stock 140,000 Dividends on preferred stock 60,000 Weighted average common shares outstanding 100,000 Rusch should report earnings per share of .a. D. $5.00 O b. B. $3.60 0 .C. A. $3.00 O .d. C. $4.40 O .e. D. $5.00 O The underlying theme of the conceptual framework is .a. reliability o .b. comparability o .c. decision usefulness o d. understandability ?The stockholders' equity section is usually divided into what three parts a. B. Preferred stock, common stock, retained earnings O b. A. Preferred stock, common stock, treasury stock O C. D. Capital stock, appropriated retained earnings, unappropriated retained earnings O D. Capital stock, appropriated retained earnings, unappropriated retained earnings D. Capital stock, appropriated retained earnings, unappropriated retained earnings D. Capital stock, appropriated retained earnings, unappropriated retained earnings D. Capital stock, appropriated retained earnings, unappropriated retained earnings D. Capital stock, appropriated retained earnings, unappropriated retained earnings d. C. Capital stock, additional paid-in capital, retained earnings O
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