Explanation: 490,000 + 120,000
+ 30,000 = 640,000
14. Each of the following items may be classified as operating or
financing activities under IFRS except
all of these answer choices may be classified as such.
15. The current assets of Orangatte Company are $227,500. The
current liabilities are $130,000. The current ratio expressed as a
16. All of the following requirements about internal controls were
enacted under the Sarbanes Oxley Act of 2002 except:
17. Which of the following is not an internal control activity for cash?