6. Net fixed assets in 2018 wasof total assets * a. 24.37% b. 34.69% c. 34.35% d. 24.12%

7. Total Cash Flows from operating activities in 2018 was * a. -$527,197 b. $657,257 c. 465,121 d. $527,197

8. Cash flows from Investing activities in 2018 was * a. -$105,000 b. $105,000 c. $-73,962 d. $73,962

9. Cash Flows from Financing activities in 2018 was * a. $100,000 b. $427,197 c. -$427,197 d. $5,00

10. Net change in Cash Balance in 2018 was * a. $5000 b. -$5000 c. $60,000 d. $55,000

UPO Corporation Ltd Income Statement For the Year Ended Dec 31, 2017 2018 2017 4,500,000 4,000,000 2,850,000 2.564.000 Sales Cost of Goods Sold Grass Profit Selling and G&A Expenses Fixed Expenses Depreciation Expanse EBIT Interest Expense Eorning Bore Texas Taxes Net Income 330,300 150.000 31,038 250,000 150,000 10,000 60,000 55,000 Notes Tax Rate 40% 2018 2017 55,000 60,000 365,030 300,000 790,000 633,992 555,000 450,000 133.992 UPO Corporation Ltd Balance Sheet As of Dec 31, 2018 Asset Cash and Equivalents Accounts Receivable Inventory Total Current set Plant & Equipment Accumulated Depreciation Net Fixed Assets Total Assen Liebeliner and Owner's Equity Accounts Payable Short-tem Notes Payable Other Current Liabilities Total Current Liabilities Long-term Debt Total Litlinie Common Stock Retained Eaming: Total Slaaeholder's Equity Total Liabilines and Owner's Equity 190,000 140,000 90,000 90,000 200,000 30.000 500.000 400.000 300,000 500,000 100,000