4. If dividends paid in 2018 were $160, the 2017 Retained Earnings balance was $______. a. 710

5. The firms return on equity (ROE) for 2018 is ______%.

6. The cash flow from operating activities in 2018 was $______.

7. The company spent $______ on new Fixed Assets in 2018.
   1. 5
   2. 25
   3. 50
   4. 150

the XYZ Company to answer questions 2-8. The balance sheet accou mpany's balance sheet for each year and the income statement acco items on the company's income statement for each year Item 2018 230 2017 Accounts Payable 550 510 1,000 300 Accounts Receivable Accruals Cash Common Stock Cost of Goods Sold Depreciation Expense Interest Expense Inventory Long Term Debt Net Fixed Assets Notes Payable Operating Expense Retained Earnings 1,100 550 2,250 4,600 350 190 3.250 1,650 27002,500 580 430 840 5,000 6,000 140 2,000 4,000 200 170 3,000 1 500 750 300 Sales Taxes ceivable was S 120