For Chapter 16 can you please do 10 & 11

For chapter 17 can you please do 4,5,6,7

1. Name the three main ways to analyze financial statements: 2. What is the purpose of the horizontal analysis? 3. Gross profit is $100,000 for 2019 and $120.000 for 2020. What is the amount and percentage of increase or decrease in gross profit? 4. What is the purpose of the vertical analysis? 5. Net Sales Revenue is $100.000 and gross profit is $40.000 for 2020. What is the percentage of gross profit to net sales revenue? 6. What information can the current ratio provide? What is the formula used to calculate current ratio? 7. What information can the acid-test ratio provide? What is the formula used to calculate acid-test ratio? 8. What are the three basic types of cash flow activities? 9. Identify if the following would be Operating (O). Investing :). or Financing (F) activities: i) Cash from sell of a piece of equipment ii) Cash payment of dividends iii) Cash from customers for sale of merchandise inventory Purchase of Treasury Stock 10. What are the two formats for the operating cash flows? 11. When using the indirect method, the statement of cash flows operating activities section begins with