ACC 556 STR Course Great Wisdom / tutorialrank.com ACC 556 STR Course Great Wisdom / tutorialrank.com | Page 76
Inventory
90,000
70,000
Prepaid insurance
$165,000
40,000
Stock investments
80,000
Land
95,000
Buildings
$120,000
$100,000
Mortgage payable
Total liabilities
Common stock
Less: Accumulated
250,000
Retained earnings
depreciation
(30,000)
equity
$370,000
85,000
Total stockholders‘
Trademarks
and
70,000
Total liabilities
Total assets
equity
$535,000
stockholders‘
$535
· Question 25
Which of the following is the least likely consideration that
management uses when deciding whether to pay a dividend?
ACC 556 - Midterm part 2
· Question 1
Which of these would cause the inventory turnover ratio to increase
the most?
· Question 2
Bad Debt Expense is considered