1. For five marks: a- explain to me what a balance sheet is and what it shows; b-if the liabilities are $2,000,000.00 and the shareholders equity $1,000,000.00 what might this show

2. For five marks: a- explain to me what an income statement is and what it shows; b-if a cos revenue is $500,000.00 and its expenses to generate that revenue were $400,000.00 in the period of April 1, 2021 to April 1, 2022, what might that mean

3. For five marks: a-explain to me what is a cash flow statement and what it shows; b-if a co had cash of $100,000.00 in April of 2022 and $50,000.00 as of April 2023, and has operating expenses of $30,000.00, investing activities of $100,000.00 and financing activities of $100,000, what could this mean?

4. For 6 marks, using this graph explain what the 3 following cash flow concepts refer to:

CFO

CFI

CFA

5. For 4 marks clearly explain the difference between direct and indirect cash flow methods with the following information:

total cash payments:$100,000.00

total cash receipts: $50,000.00

total cash to suppliers:$20,000

salaries paid by cash: $10,000.00

cash receipts from customers: $3,000.00

non cash transactions creating debt of $5,000.00 and assets of $350.00

6. For 15 marks, 3 marks each tell me the formulas for each of the following rations and explain what they show or measure