Multiple Choice
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 vertical analysis of Bloom's cash and cash equivalents?
A) Cash and cash equivalents increased by $13,000 or 20.97% during 2012.
B) The free cash flow is $653,800 in 2012.
C) Cash and cash equivalents are 11.03% of total assets in 2012.
D) Cash and cash equivalents are 20% of total assets in 2012.
Correct Answer:

Verified
Correct Answer:
Verified
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