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Please Refer to Table 4-4 for the Following Questions

Question 50

Multiple Choice

Please refer to Table 4-4 for the following questions.
Table 4-4
Wes Donnell, Inc.
Balance Sheet
Please refer to Table 4-4 for the following questions. Table 4-4 Wes Donnell, Inc. Balance Sheet -In addition to the information contained in Table 4-4,you know that the current ratio for 2010 is 4 and that the corporation paid $11,600 in dividends in 2010.What is Wes Donnell's cash balance for 2010? A) $2,500 B) $13,600 C) $4,000 D) $6,500
-In addition to the information contained in Table 4-4,you know that the current ratio for 2010 is 4 and that the corporation paid $11,600 in dividends in 2010.What is Wes Donnell's cash balance for 2010?


A) $2,500
B) $13,600
C) $4,000
D) $6,500

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