Which is true about contingent liabilities?

For DDB, depreciation expense in later years typically:

The current portion of long-term debt should be:

Which liability presentation is correct on the balance sheet?

Gross profit method: Beg inv $30,000; Purchases $100,000; Sales $200,000; gross profit rate 40%. Estimated ending inventory is:

Which is true about reporting inventory?

Days’ cash on hand given cash & equivalents $90,000 and daily cash operating expenses $3,000 is:

Net credit sales $600,000; average A/R $75,000. A/R turnover and days’ sales in receivables are:

Net credit sales $730,000; average A/R $100,000. A/R turnover and days’ sales are:

Quick ratio given quick assets $100,000 and current liabilities $80,000 is: