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answer the questions by true or false Cost of goods sold 75000 90000 Selling expenses 36000 25000 Administrative expenses 13000 10000 Other income expenses Zero

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Cost of goods sold 75000 90000 Selling expenses 36000 25000 Administrative expenses 13000 10000 Other income expenses Zero 3000 25000 8000 Net cash from operating activities 11000 Cash inflows from financing 9000 activities 21000 Cash inflows from investing Zero activities 30000 Cash outflows on financing 17000 activities 4000 Cash outflows on investing 4000 activities The trend of performance of both cash inflows and cash outflows from investing activities improved. Choose... Choose... True False Although the trend of assets managing policy was toward deterioration but still within the accepted zone. Choose... The ability of the liquidity position to achieve its objectives deteriorated in year 2020 in relation to the year 2019. Choose... In general, the overall trend of cash inflows performance was toward improvement. Choose... Suppose that a horizontal ratio of an item in current year increased up to 250% in relation to base year, then the horizontal ratio of the same item in the same current year will be changed positively by 150% since the same base year. Choose... - Both selling expenses and administrative expenses played negative roles in year 2020 because their horizontal ratios increased up in relation to base year. Choose... - In general, the overall trend of cash outflows performance was toward improvement. Choose... Cost of goods sold played a positive role in year 2020 because its horizontal ratio decreased down in relation to base year. Choose... Choose... True False The trend of cash inflows performance from financing activities improved, whereas the trend of cash outflows performance on financing activities deteriorated. Choose... The quality of liquidity position deteriorated in 2020 in relation to 2019. Choose... The horizontal ratios indicate that the trend of the quality of profitability was toward improvement over the years. Choose... The trend of the external financing policy was toward less costly because percentage of increase in long-term financing sources was less than percentage of increase in short-term financing sources. - Choose... Choose... True False It is obvious that the trend of financing policy of the company was toward higher risk because percentage increase in total equity was less than percentage of increase in total liabilities. Choose... - The horizontal ratios indicate that the trend of the quantity of profitability was toward deterioration over the years. Choose

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