Solved

Bloom's Garden Center Company

Question 44

Multiple Choice

Bloom's Garden Center Company
Selected data from the financial statements of Bloom's Garden Center are provided below.
Bloom's Garden Center Company Selected data from the financial statements of Bloom's Garden Center are provided below. - Refer to the selected data provided for Bloom's Garden Center Company. Which of the following would result from a horizontal analysis of Bloom's cash and cash equivalents? A) Cash and cash equivalents increased by $13,000 or 20.97% during 2012. B) Cash and cash equivalents increased by $13,000 or 30.79% during 2012. C) Cash and cash equivalents are 11.03% of total assets in 2012. D) The free cash flow is $653,800 in 2012.
- Refer to the selected data provided for Bloom's Garden Center Company. Which of the following would result from a horizontal analysis of Bloom's cash and cash equivalents?


A) Cash and cash equivalents increased by $13,000 or 20.97% during 2012.
B) Cash and cash equivalents increased by $13,000 or 30.79% during 2012.
C) Cash and cash equivalents are 11.03% of total assets in 2012.
D) The free cash flow is $653,800 in 2012.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q40: Ciao, Inc. had $962 in its cash

Q43: The practice of monitoring activities within the

Q44: Explain how a company can control small

Q47: Which of the following is an example

Q48: Which internal control activity is followed when

Q49: Which internal control activity is followed when

Q93: _ are those investments and deposits with

Q105: List and define each of the five

Q117: A(n) _ is the process used by

Q189: _ represents the cash flow that a