An entity's equity is one-third of its total liabilities. Its assets total $200,000. What is the amount of its owners' equity? (Type your answer without the $ or comma eg: 70000 ) Answer: Which of the financial information would a management account prepare? Select one: O a. Annual financial statements b. Company budgets c. Sustainability report d. Director's reports Proceeds from the sale of motor vehicles will be included in the statement of cash flows as: Select one: a. A financing activity b. An investing activity. C. An operating activity d. A cash activity Clayton Advertising Company, has the following account balances in its accounting system at year-end 2019: Advertising Revenue (Cash) $40,000; Advertising Revenue (Credit) $80,000; Salaries & Wages Expense $68,000; Rent Expenses $24,000; Depreciation Expense-Machinery $40,000; Insurance Expenses $14,000; Interest Income $8,000; Interest Expenses $10,000. The net profit (or loss) for the period is: (Type answer without the 5 or comma eg: 10000. In case of a loss indicate by placing "-"immediately before the number eg: -10000 ) Answer: Horizontal analysis highlights the magnitude and significance of the dollar changes. Select one: True False