Perform a horizontal analysis for the balance sheet entry "Cash" given below. That is, find the amount of increase or decrease (in $) and the associated percent (rounded to the nearest tenth Increase/Decrease Assets 2019 2018 Amount Percent Current Assets Cash $18,400 $11,600 Accounts Receivable 22,300 18,100 Merchandise 30,100 25,900 Inventory Supplies 5,600 7,600 Total Current Assets 76,400 63,200 Property, Plant, and Equipment Machinery and 56,000 57,100 Equipment Total Assets $132,400 $120,300 $ %

Explain the relationship between the: -Cash Flow Statement and Balance Sheet;and -Income Statement and Balance Sheet. Please answer in 159 words or less.

When a worksheet is used to prepare a Statement of Cash Flows, inflows of cash and items as adjustments to net income are entered as (a) Debits (for inflows) and credits (for items added to net income) in the reconciling columns (b) Credits (for inflows) and debits (for items added to net income) in the reconciling columns (c) Credits in the reconciling columns (d) Debits in the reconciling columns

Match the words to the definitions. Solvency Accounts Receivable Balance Sheet Noncurrent Assets Income Statement Retained Earnings Noncurrent Liabilities. Liquidity Current Assets Cash Flow Statement ✓ [Choose ] A forecast of the amount and timing of future cash inflows and outflows over some period of time. A summary of the revenues and expenses of a business over a given period of time. When net worth is greater than zero, or assets are greater than liabilities on the balance sheet. The ability to meet the day-to-day cash needs of the firm. Profits that are not paid out in dividends but are reinvested in the firm itself. Summarizes a firm's financial position at a given point in time and lists the firm's assets, liabilities, and net worth. Debts that others owe the business, usually arising from previous credit sales. Something the firms owns or uses that will not turn into cash within the next accounting period. Either cash or an items that will become cash in the next accounting…