Question 7 1 pts In which section of the annual report would you find the following: 'The financial statements, in our opinion, present fairly the financial position, operating results and cash flows, in conformity with generally accepted accounting principles'? Notes to the financial statements Independent auditor's report Management's discussion and analysis O Management report D Question 2 1 pts Ranger Company has assets of $5 000 000, liabilities of $3 000 000, and retained earnings of $1 200 000. How much is total equity? $1800 000 $800 000 $3 800 000 $2 000 000 Natural Company reports the following information at 30 June 2020: Sales $15 000 000 Cash $ 3 000 000 Unearned revenue $ 400 000 Dividends $ 1 000 000 Cost of sales $ 8500 000 What is Natural Company's gross profit? $5500 000 $12 000 000 O $6 100 000 O $6500 000