MULTIPLE CHOICE PLEASE ANSWER ASAP. THANK YOU.
8. A company with working capital of $375,551 and a currentratio of 3.2 pays a $82,906 short-term liability. The amount ofworking capital immediately after payment is
a.$551,149
b.$463,350
c.$375,551
d.$87,799
11. Assume the following sales data for a company:
| Current year | $758,619 |
| Preceding year | 520,482 |
What is the percentage increase in sales from the preceding yearto the current year (rounded to one decimal place)?
a.31.4%
b.14.4%
c.77.1%
d.45.8%
12. Cash dividends of $72,881 were declared during the year.Cash dividends payable were $10,358 at the beginning of the yearand $15,733 at the end of the year. The amount of cash for thepayment of dividends during the year is
a.$67,506
b.$72,881
c.$83,239
d.$98,972
15. Accounts receivable from sales transactions were $49,594 atthe beginning of the year and $67,778 at the end of the year. Netincome reported on the income statement for the year was $143,428.Exclusive of the effect of other adjustments, the cash flows fromoperating activities to be reported on the statement of cash flowsprepared by the indirect method would be
a.$143,428
b.$18,184
c.$125,244
d.$161,612
