The more efficiently a company is using its assets a. efficiency does not affect the fixed asset turnover. b. the higher the book value of fixed assets. c. the higher the fixed asset turnover. d. the lower the fixed asset turnover.

The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000