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Use the Dynamic Exhibit to answer the following questions. 1. When fees earned is $7,500 net income is $ 2. When fees earned is $12,500

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Use the Dynamic Exhibit to answer the following questions. 1. When fees earned is $7,500 net income is $ 2. When fees earned is $12,500 cash at November 30 is $ 3. Which version of the exhibit shows a net loss? a. Fees earned = $12,500 b. Fees earned = $10,000 C. Fees earned = $7,500 d. Fees earned = $4,000 4. True or False: In every version, the net cash flow for the month of November is equal to the cash balance at November 30, a. True b. False Use the Dynamic Exhibit to answer the following questions. 1. When fees earned is $7,500 net income is $ 2. When fees earned is $12,500 cash at November 30 is $ 3. Which version of the exhibit shows a net loss? a. Fees earned = $12,500 b. Fees earned = $10,000 C. Fees earned = $7,500 d. Fees earned = $4,000 4. True or False: In every version, the net cash flow for the month of November is equal to the cash balance at November 30, a. True b. False

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