Use the following data for the XYZ Company to answer questions 2-8. The balance sheet accounts listed below are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's income statement for each year 2018 Item Accounts Payable Accounts Receivable Accruals Cash Common Stock Cost of Goods Sold Depreciation Expense Interest Expense Inventory Long Term Debt Net Fixed Assets Notes Payable Operating Expense Retained Earnings Sales Taxes 2017 550 510 1,000 300 2,000 4,000 200 170 3,000 1,500 2,700 750 300 230 1,100 550 2,250 4,600 350 190 3,250 1,650 2,500 580 430 840 6,000 140 5,000 120 The 2018 accounts receivable was S a. 350 b. 375 . 400 d. 425 e. 450 2. 3. The operating profit margin in 2018 was S a. 8.99 b. 9.25 C. 13.67 d. 12.00 e 10.33 4. The cost of goods sold on a common sized income statement in 2018 was b. 79 c. 73 e. 5. If dividends paid in 2018 were $160, the 2017 Retained Earnings balance was S a. 710 b. 725 c. 740 d. 770 e. 800 6. The firm's return on equity (ROE) for 2018 is a. 9.39 b. 15.36 c. 11.74 d. 12.52 e. 7.25 7. The cash flow from operating activities in 2018 was S a. 430 b. 350 . 405 d. 330 e. 300 8. The company spentSon on new Fixed Assets in 2018. a. b. 25 c. 50 d. 150 e. 250