UNIVERSITY CANADA WEST FNCE 623 - Financial Management STUDENT NAME: Long Answer Questions: Answer all the Questions headings, explanation and examples: Explanation or theory type questions, please explain the answers with main points, For Calculation type questions, please write formula and show your calculations. Calculators and formula sheets are allowed. 1. Use the following scenario analysis for Stocks A and B. Bear Market Normal Market Probability Stock A Stock B 0.2 -20% -15% 0.5 18% 20% WORTH: 25 MARKS Bull Market . What is net income for 2021? (1.5 Marks) egbind -. What is the operating cash flow for 2021? (1.5 Marks) - What is the cash flow from assets for 2021? (1.0 Marks) 1 0.3 50% A. What are the expected rates of return for Stocks A and B? (2.0 Marks) B. What are the standard deviations of returns on Stocks A and B? (2.0 Marks) 10% 2. Fit-bit Industries had the following operating results for 2021: sales $30,060; cost of goods sold = $20,010; depreciation expense = $5,460; interest expense = $2