Question 4 (20 marks) Bill Sing's manager was not impressed with his work on the other question Bill to the answers on Chegg and Course Hero but was not successful The boss really wants to fire because of his lack of financial knowledge he cheated throughout studies though Sing claims to have scored a 95% in Managerial Finance As a sign of the boss Bill one more opportunity to prove himself The following information was provided by the company Rotomac Prepare a Statement of comprehensive Income (both years) Prepare a statement of Financial Position (both years) Calculate Operating Cashflow for the vear 2020 d Interest expense has decreased significantly 2030 In a brief sentence or two explam why this may have occurred e Depreciation expense has decreased significantly in 2020. In a sentence or two explain why this may have occurred Year 2020 Year 2019 12.731 7,952 1.893 Depreciation Cost of Goods Other Expenses Interest Gross Sales Cash Accounts Receivable Sales Returns Short Term Notes Payable Long Term Debt Sales Discounts Net Fixed Assets Accounts Payable Prepaid Expenses Inventory Dividends Owners Equity Sales Allowances rate 24,700 30.654 14,217 650 1,417 77.678 902 138,813 27,287 926 28,567 28 106,795 1,002 35% 9.785 1 648 33,878 31.450 19,225 1.791 1.739 2.326 108 546 30030 30,576 28 110.302 926 35% Question 4 (20 marks) Bill Sing's manager was not impressed with his work on the other question Bill to the answers on Chegg and Course Hero but was not successful The boss really wants to fire because of his lack of financial knowledge he cheated throughout studies though Sing claims to have scored a 95% in Managerial Finance As a sign of the boss Bill one more opportunity to prove himself The following information was provided by the company Rotomac Prepare a Statement of comprehensive Income (both years) Prepare a statement of Financial Position (both years) Calculate Operating Cashflow for the vear 2020 d Interest expense has decreased significantly 2030 In a brief sentence or two explam why this may have occurred e Depreciation expense has decreased significantly in 2020. In a sentence or two explain why this may have occurred Year 2020 Year 2019 12.731 7,952 1.893 Depreciation Cost of Goods Other Expenses Interest Gross Sales Cash Accounts Receivable Sales Returns Short Term Notes Payable Long Term Debt Sales Discounts Net Fixed Assets Accounts Payable Prepaid Expenses Inventory Dividends Owners Equity Sales Allowances rate 24,700 30.654 14,217 650 1,417 77.678 902 138,813 27,287 926 28,567 28 106,795 1,002 35% 9.785 1 648 33,878 31.450 19,225 1.791 1.739 2.326 108 546 30030 30,576 28 110.302 926 35%