Use the following data for the XYZ Company to answer questions 2-9. 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. 2. Inventories in 2018 were $ a. 4,890 b. 5,390 c. 5,990 d. 6,430 e. 7,040 3. Net income in 2018 was 5 a. 7,680 b. 7,880 c. 8,080 d. 8,780 e. 9,680 4. Cash flows from operating activities in 2018 was 5 a. 10,435 b. 11,005 c. 12,895 d. 13,695 e. 13,795 5. Cash flows from financing activities in 2018 was 5 a. 90 b. 290 c. 590 d. 690 e. 990 6. Cash flows from investing activities in 2018 was 5 a. 13,295 b. 13,495 c. 13,695 d. 13,895 e. 14,095 7. Current ratio in 2018 was $ a. 1.13 b. 1.36 c. 1.39 d. 1.42 e. 1.87 8. How was the cash conversion cycle (CCC) in 2018 compared with that in 2017 ? a. CCC in 2018 is better because it is shorter than that in 2017. b. CCC in 2018 is worse because it is shorter than that in 2017. c. CCC in 2018 is better because it is longer than that in 2017. d. CCC in 2018 is worse because it is longer than that in 2017. 9. COGS in 2018 were % on a common-sized income statement. a. 45.13 b. 45.80 c. 46.19 d. 46.29 e. 46.40 10. ROE in 2018 was %. a. 12.72 b. 13.05 c. 13.38 d. 14.11 e. 14.59