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Explains the changes that took place in the firm cash

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Reference no: EM132742338

Problem 1: What financial statement explains the changes that took place in the firm's cash balance over a period?

Select one:

a. statement of cash flow
b. balance sheet
c. income statement
d. reconciliation of free cash flow

Problem 2: Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses = $150,000; Interest Expense = $30,000; Marketing Expenses = $80,000; and Taxes = $300,000. Rogue's gross profit is equal to

Select one:

a. $770,000.
b. $1,070,000.
c. $1,100,000.
d. $1,500,000.

 

Reference no: EM132742338

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