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Exam (elaborations)
WGU D104 Intermediate Accounting II OBJECTIVE ASSESSMENT ACTUAL EXAM STUDY GUIDE 2025/2026 ACCURATE QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES || 100% GUARANTEED PASS <BRAND NEW VERSION>
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---119July 20252024/2025A+
- WGU D104 Intermediate Accounting II 
OBJECTIVE ASSESSMENT ACTUAL EXAM STUDY 
GUIDE 2025/2026 ACCURATE QUESTIONS AND 
CORRECT DETAILED ANSWERS WITH RATIONALES 
|| 100% GUARANTEED PASS 
<BRAND NEW VERSION> 
 
 
 
1. Asset Turnover Ratio - ANSWER net sales/average total assets 
 
2. Profit Margin Ratio - ANSWER net income/total sales 
 
3. Rate of return on assets - ANSWER net income/average total assets 
 
4. Current ratio - ANSWER current assets/current liabilities 
 
5...
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$16.09 More Info
ProfBenjamin
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Exam (elaborations)
WGU D104 INTERMEDIATE ACCOUNTING II TESTS UNITS 4-6
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---15March 20252024/2025A+
- WGU D104 Tests Units 4-6 
 
Unit 4 Test_A 
1 
A company purchases an asset on April 5 of the current year. The company would like to use the depreciation policy that will result in the highest deprecation expense in the last year of its useful life. Which depreciation policy should be used? 
•	Half-year convention 
Correct! Half-year convention will depreciate the asset for six months in the year of acquisition and six months in the final year of the useful life. This policy results in the hig...
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$15.99 More Info
wguexamhub
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Exam (elaborations)
WGU D104 INTERMEDIATE ACCOUNTING II UNITS 4-6 EXAM 2025 WITH 100% ACCURATE SOLUTIONS
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---28March 20252024/2025A+
- Asset Turnover Ratio - CORRECT -net sales/average total assets 
Profit Margin Ratio - CORRECT -net income/total sales 
Rate of return on assets - CORRECT -net income/average total assets 
Current ratio - CORRECT -current assets/current liabilities 
acid-test ratio - CORRECT -(cash + short-term investments + net receivables) / current liabilities 
rate of return on common stock equity - CORRECT (net income - preferred dividends) / average common stockholders...
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$20.99 More Info
YANCHY