Quick assets include which of the following? Multiple Choice Market securities, receivables, and inventories. Cash, marketable securities, and inventories. Cash, marketable securities, and receivables. Cash, prepaid rent, and receivables.
Answers (1)
A company's flexible budget for 16,000 units of production showed sales, $48,000; variable costs, $24,000; and fixed costs, $17,000. The operating income expected if the company produces and sells 17,000 units is: Multiple Choice $ 7,000. $44,000.
Answers (1)