Analyze each problem, 5000 words needed.

Management Cases Luis Canlas operates a small bakery. On the advice of a friend, he opened a bank account where he deposits all has receipts and from which he pays all his bills. He does not keep any record of business operations except what is shown in his checkbook. At the end of every month. If the balance is larger then he assumes that his business made a profit. If the balance is smaller, then he assumes that his business incurred a loss a. Is a comparison of cash balance at the beginning and the end of any period an indication of the results of business operations? b. It is possible for a cash balance to increase and yet the bakery sustains a loss? c. What information will Luis need if he really wants to determine whether his business made a profit or not? ? Management Cases Luis Canlas operates a small bakery. On the advice of a friend, he opened a bank account where he deposits all has receipts and from which he pays all his bills. He does not keep any record of business operations except what is shown in his checkbook. At the end of every month. If the balance is larger then he assumes that his business made a profit. If the balance is smaller, then he assumes that his business incurred a loss a. Is a comparison of cash balance at the beginning and the end of any period an indication of the results of business operations? b. It is possible for a cash balance to increase and yet the bakery sustains a loss? c. What information will Luis need if he really wants to determine whether his business made a profit or not