Which of the following statements is correct? a. in the text, depreciation is regarded as a use of cash because it reduces fixed assets, which then must bereplaced. b. if a company uses some of its cash to pay off short-term debt, then its current ratio will always decline, given the way ratio is calculated, other things held constant. c. during a recession, it is reasonable to think that most companies inventory turnover ratios will changewhile their fixed asset turnover ratio will remain fairly constant. d. during a recession, we can be confident that most companies' dsos (or acps) will decline because their sales will probably decline. e. each of the above statements is false.

On september 12, ryan company sold merchandise in the amount of $5,800 to johnson company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. ryan uses the periodic inventory system and the net method of accounting for sales. on september 14, johnson returns some of the non-defective merchandise, which is restored to inventory. the selling price of the returned merchandise is $500 and the cost of the merchandise returned is $350. the entry or entries that ryan must make on september 14 is (are): multiple choice sales returns and allowances 490 accounts receivable 490 merchandise inventory 350 cost of goods sold 350 sales returns and allowances 490 accounts receivable 490 sales returns and allowances 500 accounts receivable 500 sales returns and allowances 490 accounts receivable 490 merchandise inventory 343 cost of goods sold 343 sales returns and allowances 350 accounts receivable 350

Corporations with suppliers, vendors, and customers all over the globe are referred to as : a) global corporations b) international corporations c) multinational corporations d) multicultural corporations

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered