I will honor the first answer. Just please post at one time. Thanks

1.Although it is important to examine old financial statements, the past is not necessarily a good indication of the ________. (Points : 20)

present state of the current business future condition of the organization

Question 2.2.The ________ of the firm is the sum of the total number of common shares outstanding multiplied by the current price per share. (Points : 20)

current value market value fixed value book value

Question 3.3.The bottom line of the income statement shows the firm's ________ for the year. (Points : 20)

sales profit or loss cost of goods sold operating expenses

Question 4.4.The ________ from the sale occurs when the buyer pays you. (Points : 20)

cash flow profit gain benefit

Question 5.5.Book value is an accounting value obtained from the balance sheet. Book value is simply ________.(Points : 20)

the sum of all the common equity accounts the total value of the buildings and land the sum of accounts receivable plus working capital the total value of all machinery and equipment