structions 1. There are (10) questions on this problem set. You have until 12:00 pm on September 6 to submit i A late submission will not be accepted. 2. Each question is worth 1 point and the maximum possible score on this problem set is 10 points. 3. To get full credit on a question, you need to not only get the right answer but also show all t steps that you used to arrive at the answer. Make sure you write CLEARLY and NEATLY. 4. This is an individual assignment. Getting help from anyone on this assignment will be violation of GSU's academic honesty policy. 1. The primary goal of a financial manager in making financial decisions should be Use the following information for Questions 2-8 Why? al Category 2020 2021 Accounts payable 300 750 Accounts receivable 900 825 Accruals 450 300 Cash 1,500 ?? Common Stock 1,200 1,500 COGS 1,050 1,100 Depreciation expense ?? ?? Gross fixed assets 2,250 2,700 Interest expense 120 150 Inventories 750 1125 Long-term debt 1,500 1,650 Net fixed assets 1,875 2,250 Notes payable 825 690 Operating expenses (excl. depreciation) 225 300 Retained earnings 750 850 1,950 2,250 Sales 90 120 Taxes 2. The 2021 entry for depreciation expense is $ 3. The cash flow from operating activities in 2021 is $ 4. The cash flow from financing activities in 2021 is $ 5. The cash flow from investing activities in 2021 is $ 1