Question: Statement # 2 : In Year 2 , Cute Camel Woodcraft Company was profitable. his statement is % , because: Cute Camel's total assets incheased

Statement #2: In Year 2, Cute Camel Woodcraft Company was profitable.
his statement is %, because:
Cute Camel's total assets incheased between Mears 1 and 2
Cute Camel's retained earnings account ncreased between the end of Years 1 and 2
The cash and equivalents account increased between Mears 1 and 2
Statement #2: In Year 2, Cute Camel Woodcraft Company was profitable.

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